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DAX Long on track again end of 11.03.2019
GERMAN STOCK INDEX (DAX)
Long
DAX Long on track again end of 11.03.2019
By Renkotrade
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Mar 11, 2019
1
Mar 11, 2019
Hello to all friends watching my charts
Now today german DAX has made a positive return today in the long track again.
Maybe you remember my Nasdaq Chart from end of friday trading
where i told that thees reversel may come
Please check the chart now.
Dax has managed to come out of the short channel
and climed above the upper line of the channel i have marked in red.
As you se now the lower line at around 11420 is in blue again, shows us
that these levels are now support levels again which is important
Now we have a clear tracking view:
Trading above that level 11420 and upper level
is long now
Crossing again under the purple long trendline to the blue
support 111420 is neutral and
trading under these blue line level as minimum end of 1 HR bar
is short now
All trading above these level is either long or neutral
---
My ideas are no advice to buy or sell anything
you allways have to do your own research
---
Chart Patterns
DAX Index
dax30
dax30long
dax30short
daxforecast
Trend Analysis
Renkotrade
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