DAX_Technical Analysis_2015March
DAX_Technical Analysis
Historical there are/is no other higher levels for DAX to make a projection how far can DAX still be upward. Anyaway since few days DAX are remaining at the level of fibs_ext_0.786@11545.83 points,and it seems to be that level should be a reverse point for DAX. Three support levels I would mention here which DAX might touch them again:
1st support@11349.61
2nd support@11176.94
3rd support@11001.54
Those levels are SMA levels for certain periods.
Other scenario that DAX is over happy and climbs further to trigger the fibs_ext_0.786 and it will make a new climax.
Keep watching and trade well!
Makkaba team
Historical there are/is no other higher levels for DAX to make a projection how far can DAX still be upward. Anyaway since few days DAX are remaining at the level of fibs_ext_0.786@11545.83 points,and it seems to be that level should be a reverse point for DAX. Three support levels I would mention here which DAX might touch them again:
1st support@11349.61
2nd support@11176.94
3rd support@11001.54
Those levels are SMA levels for certain periods.
Other scenario that DAX is over happy and climbs further to trigger the fibs_ext_0.786 and it will make a new climax.
Keep watching and trade well!
Makkaba team
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.