DAX IndexShort
Trade Idea: Sell DAX Index
DAX Index (Sell/Short)
- Losing it's overbought status on the lower time frame (shows momentum weakening)
- Trading more than 2.5x mean over 200 days
- Candle structure indecision (thus far today a long upper tail)
- MACD histogram developing lower highs while a bearish crossover is pending.
Trading Levels
Sell: 14400
Stop-loss: 14820
Target: 13750
Daily Chart
- Losing it's overbought status on the lower time frame (shows momentum weakening)
- Trading more than 2.5x mean over 200 days
- Candle structure indecision (thus far today a long upper tail)
- MACD histogram developing lower highs while a bearish crossover is pending.
Trading Levels
Sell: 14400
Stop-loss: 14820
Target: 13750
Daily Chart
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