Possibility for a long-term short, however, need to be prepared for a pull-back to for another sharp dip.
This chart is a part of my trend analysis monitoring the DAX Price action over a monthly time frame.
Currently working out way through this triangle!, Lets see the outcome! - I can see we have a strong support which has held for months & has been tested so lets push for a higher-high!
Such a great growing pair!!, when will the big short happen?
Possibly outcome, we may go bearish before we go bullish.
Possibility for the outcome for the DAX over the next few weeks moving forward- this is a little slower than expected however it should love a lot quicker than this.
I would wait until there is a solid buying indication.
Can't wait to see how next week pans out!.
Waiting for a bullish movement to double up on our position.
We are in a triangle pattern however looking at a lot of technical analysis a majority of the market wants a retracement for the long term bulls to continue their rally however if the market moves in a bearish trend we could be looking at a nice profit.
Having a look at the DAX we may be looking at a short-term bearish movement however due to the strong euro you can expect the DAX to have strong bearish movements, let's hope we can get on the perfect DAX Buy soon!.
Could we possibly be looking at that reversal for the German economy or will it continue to hold strong for another a new high. Right now I think the DAX has been so over-bought because of so much bullish pressure that there will be a slight crash and that time might be now, however it may be smart to hold you long position in case of an immediate reversal.
Still looking at a bullish movement towards upper trend lines.
Looking quite bullish however anything can change. DAX