04/12/2020 #DAX Most bearish index
Based on my system, #FDAX is now the weakest index compared to #FTSE #SPX #NDX #DJIA.
Pointing to more downside. Trend wise (Daily/Weekly/Monthly) is Down, Mixed, Up respectively.
Below blue zone at 13235, look for break of 13199 for 13145, 13103 and 13035 to trade. 13035 should cap low of day, though with further selling we could see 13000 and 12930.
Above 13255, be cautiously bullish, targeting 13287 (strong R) and 13357. 13383 should cap high of day.
Pointing to more downside. Trend wise (Daily/Weekly/Monthly) is Down, Mixed, Up respectively.
Below blue zone at 13235, look for break of 13199 for 13145, 13103 and 13035 to trade. 13035 should cap low of day, though with further selling we could see 13000 and 12930.
Above 13255, be cautiously bullish, targeting 13287 (strong R) and 13357. 13383 should cap high of day.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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