Thursday, 13 September 2012

Dax

The Dax posted an inverted hammer candle in the reversal area highlighted in the chart posted at the weekend,7300-7400.  http://chartramblings.blogspot.co.uk/2012/09/dax-weekly.html

  I have marked in 2 resistance levels,50% up from the 4962 low and 25% from 5913.Tomorrow is the 7th bar on this run and 72 td from the low (square of 144),so be alert for a reversal





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