On the weekly chart we can see that the index fighting cloud chart resistance just below the front cloud resistance zone of 11741! Price action below the cloud remains bearish long-term.
Tuesday 5 March 2019
GDAX: Xetra DAX Index having a hard time to get past key cloud chart resistance!
GDAX: Xetra DAX Index having a hard time to get past key cloud chart resistance!
On the weekly chart we can see that the index fighting cloud chart resistance just below the front cloud resistance zone of 11741! Price action below the cloud remains bearish long-term.
Consolidation risk remain high here with the DAX trading close to the key cloud chart resistance zone of 11731! We have had a strong rally up to here since the buy signal around the 10400 level! Consolidation risk remain high here!
On the weekly chart we can see that the index fighting cloud chart resistance just below the front cloud resistance zone of 11741! Price action below the cloud remains bearish long-term.
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