GER30 DAX long term - not yet but soon - don't miss that move!

By ReallyMe

Updated

Note

Watch it, right now! This could be it now or soon.

Trade closed: target reached

I guess this could be it.

See my recent follow-up idea for more updates

DAX is a tough guy, isn't he? But we'll get him cracked up soon

Trade active

Note

Okay, looks like the damn thing is still scraping the ceiling of the upper channel wall. But it'll eventually stop and then all of a sudden break down to 12200, won't it? We shall see...

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Like I said: Wow just look at this crash... The DAX has been going down so much (another -8.5% today alone!) that you have to ask yourself where it ends...
If I were to take a guess I'd expect a dead cat bounce off 10600 up to 12300 then another fall. (But this is just a guess. Considering the rapid pace of the crash, anything is possible, be careful!)

ReallyMe

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