Surprise, surprise ECB cut rates yesterday and boost again stock markets.
A very important resistance is at 9800 area. Any close above 9800 DAX will go for new all time highs. If 9800 hold a H&S formation is on the way, see 3 RED BOX in the charts.
Any weakness from US indices, will hurt DAX very bad. My target still at 8700.
A very important resistance is at 9800 area. Any close above 9800 DAX will go for new all time highs. If 9800 hold a H&S formation is on the way, see 3 RED BOX in the charts.
Any weakness from US indices, will hurt DAX very bad. My target still at 8700.
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Related publications
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.