Sticking To Dax Bull Case
Yesterday's candle was actually bullish. Long-legged candles signal reversals, even if the intraday selloff may have suggested otherwise. The key message: breakout levels ~10490 were tested (violated), but held. Index is off to a fresh swing higher, which could target 10860 (late December high) and 10981 (cycle fibo level).
With that in mind, yesterday's mini reversal in Gold, and GBP strengthening vs. USD, are short-term technicals suggesting we are getting a dovish Yellen at JH?
With that in mind, yesterday's mini reversal in Gold, and GBP strengthening vs. USD, are short-term technicals suggesting we are getting a dovish Yellen at JH?
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