global equities Articles

DAX bullish candle for short term upside to 13000

Bullish candle reversal outside Bollinger band suggests we could see short term rise in price to 12850 for DAX.     DAX – Moving the stop to break even would be a wise move once target 1 hit. Watching the SPX also for momentum push to support the DAX up…
October 21st

DAX bearish flag targeting 12535

DAX bearish flag looking to continue the down trend for at least the short term. SPX also starting to roll as global indices start to sell off contribution to the DAX bearish possibility.    Key Points: Daily – Below 50 EMA Daily – Targeting Trend line or 200 EMA Below…
October 16th