The DAX has shown some weakness and Closed Lower yesterday. It now comes into a Big Resistance level where a lot of zones and trendlines come together.
It is possible we can go a bit higher first. However we have to wait untill confirmation before we go SHORT. The price has to break the 10680 Level to give a clear sign of further correction.
After the break of this level small support can be found around 10475 and after that 10325.
It is possible we can go a bit higher first. However we have to wait untill confirmation before we go SHORT. The price has to break the 10680 Level to give a clear sign of further correction.
After the break of this level small support can be found around 10475 and after that 10325.
Comment:
Still no confirmation. Patience is required.
Comment:
Also today the price has not confirmed to go short. Price still in Big Resistance zone.
