Dax Technical Analysis 19/04/2016

Dax Technical Analysis 19/04/2016

Good morning traders! Big close last night and strong bullish momentum No major resistance until the 10350-10400 zone Strong Zew ratings helped the momentum continue Dip buying strategy on the RSI New trend defining level 9880 Potential pullback zone 10100-10150...
Dax Technical Analysis 18/04/2016

Dax Technical Analysis 18/04/2016

[wp_ad_camp_1] Good morning traders! The daily chart shows us at key resistance under 10050 A break and close above 10120 this week could be significant Dip buying strategy is the most profitable at the moment Neutral/Bearish As I write this article, the Dax has...
Dax Technical Analysis 15/04/2016

Dax Technical Analysis 15/04/2016

[wp_ad_camp_1] Good morning traders! We saw a strong close yesterday on the Dax, in fact it was the highest close since early January making it 5 bullish daily candles in a row. The need for a pullback is getting stronger as the Dax could use a bit of time to digest...
Dax Technical Analysis 15/04/2016

Dax Technical Analysis 14/04/2016

Good morning traders! The triangle/wedge formation from Monday was comfortably broken to the upside yesterday Other equities currently are rallying past their 2016 highs, Dax has catching up to do Dax break above 10060 can open up 10110 Break above 10120 can open up...
Dax Technical Analysis 13/04/2016

Dax Technical Analysis 13/04/2016

Good Morning Traders! I work in a trading office in Dorset, in the small village of Tuckton, just outside of Bournemouth on the south coast of England, the office has generally 3-4 traders in during the day, and as a result, you generally tend to get good banter and a...