Possible DAX Bounce - but still overall SHORT
Let's keep it short and handy:
I'm expecting a little bounce tomorrow.
- Value is entering a strong area of horizontal Support.
- RSI has a history of bouncing upwards before the oversold area.
I'm not gonna go for a long though because it would be dumb to go for the falling knife catch ;) instead, just be warned not to put your stops too close!
I'm expecting a little bounce tomorrow.
- Value is entering a strong area of horizontal Support.
- RSI has a history of bouncing upwards before the oversold area.
I'm not gonna go for a long though because it would be dumb to go for the falling knife catch ;) instead, just be warned not to put your stops too close!
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Disclaimer
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.