CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
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Some long term Dax charts i posted to our facebook group tonight:
Longs to be challenged soon by a minor resistance area then a major area that is sure to have trapped longs....So longs until 12250, which may be a good place to take retests of a break targeting 12400 ish with initiating longs. 12400 and 12415 should have responsive sellers. Sentiment is still favouring a dovish Fed, global easing...recessionary indicators still printing. Short term levels to watch for retracements...
Longs to be challenged soon by a minor resistance area then a major area that is sure to have trapped longs....So longs until 12250, which may be a good place to take retests of a break targeting 12400 ish with initiating longs. 12400 and 12415 should have responsive sellers. Sentiment is still favouring a dovish Fed, global easing...recessionary indicators still printing. Short term levels to watch for retracements...