DAX IndexShort
DAX COMES INTO BIG RESISTANCE ZONE
Updated
The DAX has shown some weakness and Closed Lower yesterday. It now comes into a Big Resistance level where a lot of zones and trendlines come together.
It is possible we can go a bit higher first. However we have to wait untill confirmation before we go SHORT. The price has to break the 10680 Level to give a clear sign of further correction.
After the break of this level small support can be found around 10475 and after that 10325.
It is possible we can go a bit higher first. However we have to wait untill confirmation before we go SHORT. The price has to break the 10680 Level to give a clear sign of further correction.
After the break of this level small support can be found around 10475 and after that 10325.
Note
Still no confirmation. Patience is required.Note
Also today the price has not confirmed to go short. Price still in Big Resistance zone.
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