DAX Falling Wedge
Raising above 9250, leaving the wegde upward, gives a clear LONG signal.
Alternatively (not favored) falling below 9150 makes the LONG-Scenario lapsed.
The boring Friday underlines the principle persisting interest in buying.
Otherwise a deeper sell-off would be seen already.
Raising up to (or over) 10150 should be possible in the next few weeks
if this signal keeps its promises.
Alternatively (not favored) falling below 9150 makes the LONG-Scenario lapsed.
The boring Friday underlines the principle persisting interest in buying.
Otherwise a deeper sell-off would be seen already.
Raising up to (or over) 10150 should be possible in the next few weeks
if this signal keeps its promises.
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.
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.