DAX is squeezed ahead of the key ECB decision

DAX testing 14000

 

DAX is testing a critical 14000 downside resistance. On the upside, it is limited by the falling trend line 14300 resistance. During the USA and Asia Indices’ recent fall, it has been in that range. A break below 14000 will accelerate the decline and lead to a new 13000 test. Look lower as long as the DAX is below 14500.

Note: look for the short trade entries with the stop loss above 14300

 

DAX is testing the resistance

 

 

 

“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn

REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!

 

COPY TRADING MADE EASY

Take a break from your trading routine Copy our trades!

 

Scroll to Top
×