Sunday, 19 November 2017

Xetra Dax 30 Index: cloud chart weekly outlook.

Xetra Dax 30 Index: cloud chart weekly outlook.

  • Dax rebounded from old highs and cloud chart support zone levels of 12911. There is a risk that this level get re-tested this week. 
  • Upside resistance is at old high levels: 13094. and then the top end of the front cloud chart level at : 13280. 
  • Note that the MACD sell signal remains in place, with short term swing trade potential when the DAX rebound from cloud chart support zone!

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