Tuesday 18 September 2018

DAX30 Index broke past cloud chart resistance on 1H chart!

DAX30 Index broke past cloud chart resistance on 1H chart! Now testing old resistance of 12186!

Index is up 172 points since the cloud chart weak buy signal below the cloud! Now fighting resistance, expect consolidation above the cloud, and a potential rebound from cloud support zone at 12068!

On the daily chart the index is now testing resistance at 12186 old cloud chart support level.
12068 is a major support zone for the DAX and potential rebound zone for a trade back up the bottom end of the cloud chart resistance zone!

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