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DAX
GERMAN STOCK INDEX (DAX)
Long
DAX
By PurityZurich
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Updated
Jan 9, 2018
3
1
1
Dec 18, 2017
Daily
Jan 9, 2018
Note
Trade still active; indicated support line 12.800 still valid
TP max: 1-2% below 25Y trendline (9.6% DAX CAGR): 13.550 - 13.700
Potential draw back to 13.150 within next days
Jan 10, 2018
Note
Correction is on the way
Tomorrow is D-Day: a positive votum for a German coalition is bullish and vice versa
Jan 19, 2018
Trade active
It is time to initiate SL; if DAX closes below 13.350 TP
Jan 22, 2018
Trade active
SL: 13.375 (+305)
TP: 13.540 (+470)
Jan 23, 2018
Trade active
Adjusted SL: 13.550 (+480)
Target reached.
Jan 23, 2018
Trade closed: target reached
Trend Analysis
PurityZurich
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