Tuesday 13 September 2022

Xetra Dax Futures up more than 750 points since the cloud chart support rebound buy signal!

 Xetra Dax Futures up more than 750 points since the cloud chart support rebound buy signal!

Xetra Dax Futures up more than 750 points since the cloud chart support rebound buy signal on the 4 hour cloud chart. 


Old support levels held and the DAX rebounded from the 12684 support zones. Dax is now heading closer to the next key cloud chart resistance zones of 13522 and 13543! 


DAX is still below weekly cloud and that is bearish, but price action on the daily cloud is getting closer to a major resistance zone that if the DAX manages to break past this zone the outlook will change to bullish on the daily! But we need to see the breakout past this top end cloud chart resistance zone!







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