Indice DAXShort
DAX's movement this summer
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Forgot to publish this one. Anyway now it's published!
Closer look to DAX's possible movements for next summer. Green area is good spot to buy some DAX. Violet area is big question mark for me. There is some old support line and trend line cutting each other so it might take time to get through those. After that i expect we hit 0.386 fib area (red one) which is good spot to take some profits out and wait for next drop to 0.236.
Closer look to DAX's possible movements for next summer. Green area is good spot to buy some DAX. Violet area is big question mark for me. There is some old support line and trend line cutting each other so it might take time to get through those. After that i expect we hit 0.386 fib area (red one) which is good spot to take some profits out and wait for next drop to 0.236.
Nota
Time to get bearish.Nota
Looks like we will reach higher fib level. Be ready!Nota
Downward movement have been on hold, but not forever. Will do some adjustments later.
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