FxWirePro
Short

DAX30 major support at 11800, break below targets 11000

FX:GER30   DAX index der deutschen börsennotierten Aktien
DAX index             has declined almost 500 points from the minor top at 12649 made yesterday. S&P500             declined sharply till 2581 almost 3.75% yesterday closed at day’s low. But S&P             futures is trading slightly positive. Overall trend is still weak and any break below 2531 confirms further bearish continuation.

DAX index             declined more than 3% yesterday and is currently trading around 12035.

The minor bullishness can be seen only if it closes above 12660 (233- day MA) and any close above will take the index to next level till 12890/13050 (100- day MA). It should break above 13600 for further bullishness.

On the lower side, near term major support is around 11800 and any break below will drag the index till 11400/11000.

It is good to sell on rallies around 12350-400 with SL around 12660 for the TP of 11860/11375.
let's say it holds and then moves back up it might find resistance at 12800ish if it then falls back we have an H&S formation, not? :)
Antworten
Thank you sir
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden