DAX Index [GER30] Daily Perspective
Strong bullish momentum since we rebounded of October's daily demand we have been rallying up towards 1094 res area targeting the descending trendline. Break of this would warrant long positions to highlight upside targets.
- Break of descending trendline with a retest would warrant positions to targets such as the green zone, 1240 weekly res and April highs
- Break of the inner ascending trendline will warrant short targets to come in play
- RSI Divergence
Like and all comments welcome.
- Break of descending trendline with a retest would warrant positions to targets such as the green zone, 1240 weekly res and April highs
- Break of the inner ascending trendline will warrant short targets to come in play
- RSI Divergence
Like and all comments welcome.
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