Outlookb head DOWN

MACDdirection

Momentumdirection

Weighted M.A.direction

Thu, 17 Jan 2019 14:26:59 +0200
30 Minutes
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DAX

 

ENTRY 10820.50 TARGETS 10783.90 10765.60 10729.00 10683.25 STOP LOSS 10912.00

 

Scenario 1

DAX is currently trading between 10912.00 and 10820.50.  Further weakening of the market, will push prices lower to breach the swing level at 10820.50 triggering a sell signal.  Immediate take-profit targets are estimated at 10783.90 and 10765.60.  A protective stop loss is strongly recommended at 10912.00.

Scenario 2

Should the index manage to exceed the resistance level at 10912.00, it will eliminate the downtrend scenario, generating a buy signal.