I see DAX in a very strong development at the moment with an explosive RSI. It begins to look a little dangerous too me, so I would definitely wait with some cash in my pocket, but take a small long position in DAX from monday. If we go further up I would expect a small sit-back to our support before DAX can move up once again.
If we close below the resistance, please call for the liferaft and sell short on the market ASAP.
Summa summarum DAX is moving between some strong lines of resistance, so you can maybe do some swing-trading until we have a clear signal.
If we close below the resistance, please call for the liferaft and sell short on the market ASAP.
Summa summarum DAX is moving between some strong lines of resistance, so you can maybe do some swing-trading until we have a clear signal.