Wednesday, 19 December 2012

Dax

This is the Dax as per yesterday's close.This morning we have pushed above the bollinger band so I am on the alert for a reversal. 100% of the last major range provides resistance in the same area.If we take the larger major range ,starting at the 4962 low,it projects to 8147 so don't want get short too early,the trend is still up with no reversal yet











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