DAX DEU30 SHORT Longer Time OutlookHello to all watching my charts
After the last break of the trendline (purple line)
(please check my last DAX post here a few days ago)
the chance of long has not fullfilled and Dax stays in the short
signal aerea with lower and lower and lower prices.
So what comes next ?
Of course i am not able to tell you the future
but some things are to mention.
1. We have made a big loss, so maybe we will get a rebound soon.
2. In the longer view Dax is still very very short positioned
3. Next hold ,so to say as support is 11300 (low from april)
4. For change to a long signal in my eyes we have to jump above the last bigger resistance and this is really far away at
12200 / 12250
I draw 2 black lines here at these aerea.
Only above these level its a long chance.
From the level now 11600 to 12250 its a no ones land i think.
Good trades
If you want to support my work and my charts please like them..
Renkotrade
