Dax de40 have been in a crazy bull run since few months and i think its time for a slow down. oblique support have been broke, index is oversold in weekly and we can see it loosing bull power and forming flat top in lower timeframe. I think we can see it make a last push up in the 18100 area and then start a correction since the market like to sell high. i will...
As pattern often repeat themselves, natgas operate in his bottom area 1,50 /2,00 and can evolve in this range few times.This recent downfall brought the price down and its a good spot to try long since i can see it pushing up before any more downside. in larger timeframe rsi provide us a bullish divergence and is oversold but i tend to not give too much...
Market is Always right. Hopefully WE will have some move today. We may see another selling impulse and another bottom or break lower for the coming hours or days. As Always natgas Can make us +12% -12% in a single day even for no Real reasons sometimes ..so i will advise cautious, observe and stay tune or open position with tigh SL.