Hello, i noticed Dax has some REALLY tight Bollinger bands on Weekly timeframe. As far as i see, one of the tightest BB on Dax ever, atleast on Weekly timeframe.
As Dax stands rather low stil compared to SPX and other its likely that this breaks up.
Shortterm target for me is Median line of bigger channel.
Mid/Longterm propably alot higher.
DYOR.
As Dax stands rather low stil compared to SPX and other its likely that this breaks up.
Shortterm target for me is Median line of bigger channel.
Mid/Longterm propably alot higher.
DYOR.
Note
maybe its better to hold it beyond median line of upward channel and bet on a retest from above..anyway dax finally leaving 20year support zone (green) --> bullish af
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.