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Short term outlook on $ger30 - buy upto 9500 then sell to 8350
DAX Index
Short
Short term outlook on $ger30 - buy upto 9500 then sell to 8350
By mshamjad
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Feb 14, 2016
2
Feb 14, 2016
Looking at the short term
GER30
chart I see a push up towards 9525 area where the new trenline comes in play with 38% fib level for recent moves.
As we all know prices don't always go down in straight line. It usually retraces 38% or 50% before continuing towards dominant trend.
I have a sell order at 9520 trying to catch this move. Good luck trading.
mshamjad
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