Troubled DAX

Updated
The DAX (GER30) is in a troubled zone of congestion and seemingly fighting to stay afloat.

Don't expect it to just roll over swiftly - though anything is possible. We're looking at a sharp rejection of the 2H ATR line. This analysis does not apply to any other time frame.

But taking a steer from the 2H, there is money to be made (and lost) on much smaller time frames - if you know what you're doing, that is.

Stay safe, wash your hands and face, wear a FFP3 mask if interacting with unknown others, don't rely on herd immunity - don't follow 'herds'. LOL. 😁

Disclaimers: This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
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Some got a slice of cake - and some didn't!🍰🎂 🤣🤤
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1500 points? Is that okay? No harmonic trade can predict that. I do not use a predictions model.

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Beyond Technical AnalysiscongestionDAX IndexGER30 CFDLONGshortstructureTrend Analysis

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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