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Dax: At Crucial Pre-Covid Resistance
DAX Index
Long
Dax: At Crucial Pre-Covid Resistance
By Edgy_
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Nov 24, 2020
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Nov 24, 2020
The German Dax is at crucial Pre-Covid levels: A break to the upside could lead to huge follow-through.
Nicely visible on the Weekly, we have now had 2 major V-shaped recoveries:
This leads to a nice Bull Flag on the Daily right now, with a tight equilibrium range:
RSI is cooled off for break to the upside.
Chart Patterns
DAX Index
dax30
dax30long
Technical Indicators
Trend Analysis
Edgy_
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