DAX up until yield curve reverses upward
Updated
Surrounded by bears > i thought I'd post a bullish view.
On the weekly chart SMA 7, 20, 50 & EMA 200 all pointing up...
SMA 50 about non crossing EMA 200 will be the confirmation the trend i snot over... we'll see end of week with NFP.
If bull is confirmed Targets are on chart... Estimated ATH summer/sept 2023
Red line invalidate the concept !
On the weekly chart SMA 7, 20, 50 & EMA 200 all pointing up...
SMA 50 about non crossing EMA 200 will be the confirmation the trend i snot over... we'll see end of week with NFP.
If bull is confirmed Targets are on chart... Estimated ATH summer/sept 2023
Red line invalidate the concept !
Note
checking on old charts posting... took 2.5 month target 1 check ! trend still up no sign of reversal yet - sticking to the plan > 16800 next !Trade closed: target reached
A year later, plan your trade and trade your plan they say.. 500pts away from final target - no reversal yet still up until proven otherwise
Trade closed: target reached
target 3 reached 18'095-> room to go up to 18'500 areakeep in mind this trade was started a year ago !!
i m not short this market yet
more to go in the u.s on the up side for now.
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