Long
dax30
the global bullish trend will get into consolidation 1-3 days before restore the growing uptrend , DAX just like all big indexes will test 15100 levels again and maybe go down more to 15000 before start forming the new up trend .
most of retail get into short position i dont know why , but the sentiment is against the growth in these days .
on big frames weekly and monthly every thing go very pretty after the last 3.5% correction for most stock markets .
fib level around 15050 which is ok with my analysis - i can tell you that fib level use after i analysis the index .
keep an eye on BMW AG // DEUYSCHE TELEKOM // DEUTCH BANK stock movement.
most of retail get into short position i dont know why , but the sentiment is against the growth in these days .
on big frames weekly and monthly every thing go very pretty after the last 3.5% correction for most stock markets .
fib level around 15050 which is ok with my analysis - i can tell you that fib level use after i analysis the index .
keep an eye on BMW AG // DEUYSCHE TELEKOM // DEUTCH BANK stock movement.
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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.