claydoctor

DAX on a descending broadneing wedge pattern

Short
FX:GER30   DAX Indeks Niemieckich Akcji Notowanych na Giełdzie
0
US QE ends, Euro...version of QE begins I think not - at least yet or ever)...? Which market takes its cue from the other, or do they work together? The key here is the DAX MACD indicator (red graph) is at its high, and the actual MA lines appear to have room to go higher, but momentum will not let them, establishing an apparent premature change in direction down. Also, we are the the mid point of the Bollinger band spread which happens to coincide with the mid point of the broadening and descending wedge formation. RSI also at its midpoint trend wedge formation. So do we take path A, or path B? I think A, and then complete yet another ABCD pattern within the wedge. And those pesky moon phases, always an after thought, but come on, look at it, the highs and lows tie very well. November 6th next full moon. Which also ties into this theory. IMO.
Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.