With the last dump under several important supports, the DAX has definitely left its positive trend.
The next support - level is on ~10.600, where we find a fib retracement (38.2%).
This could also be the ending of the actual corrective wave -C-.
In this case we shall see some recover - but I don´t expect it to be very strong.
Meanwhile the support on ~10.600 has been strong enough to stop the fall.
As mentioned above a little recover is happening.
Don´t think that it´ll lead the Index much further than 11.200 (fib retracement 50%).
RSI has clearly shown the negative trend - and it´s still alive.
MACD is confirming the negative trend.
Projection:
in the next weeks a little consolidation can take part - not leading the index to new highs. On the contrary, I think this is only the beginning of a longer negative trend.
This is no trading advice
The next support - level is on ~10.600, where we find a fib retracement (38.2%).
This could also be the ending of the actual corrective wave -C-.
In this case we shall see some recover - but I don´t expect it to be very strong.
Meanwhile the support on ~10.600 has been strong enough to stop the fall.
As mentioned above a little recover is happening.
Don´t think that it´ll lead the Index much further than 11.200 (fib retracement 50%).
RSI has clearly shown the negative trend - and it´s still alive.
MACD is confirming the negative trend.
Projection:
in the next weeks a little consolidation can take part - not leading the index to new highs. On the contrary, I think this is only the beginning of a longer negative trend.
This is no trading advice
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
