theTrendtradr

Dax: Daily Breakout might Be Hit

Long
FX:GER30   DAX Index
Dax has been up, even though not as much as the US indices. On daily and weekly we do have some nice breakout levels formed. Just above 10000 this market is offering to buy the breakout. If it gets hit and some steam comes into the Dax, we might actually see a new trend moving higher. On a longer-term basis that might take out the old ATHs. But let's not get ahead of ourselves..

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