Germany 40
做多

DAX Rebounding on this Support.

197
DAX / Germany 40 is technically stuck inside the 1day MA200 (support) and 1day MA50 (resistance).

Friday's bullish reversal to close the 1day candle flat, paved the wave for today's green candle.

Following August's 18th Double Bottom that started the Rising Support (that has closed all candles over it), we expect a continuation of this rise, at least on the short term.

Buy and target 16045, which is a little under Resistance A.

Previous chart:

DAX 4hour Golden Cross targeting 16550


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