Thursday, 2 January 2014

Dax

This was a pretty bearish candle on the Dax but bears will need to see follow through.Breaking the Dec 2 high and 10 dma are next things to look for


at

2 comments:

  1. Trading Sunset2 January 2014 at 23:03

    DAX still looks fine on the monthly.

    Downside in the summer/autumn to 8000 - which would equate to sp'1625/1575.

    ReplyDelete
  2. Chartrambler2 January 2014 at 23:51

    I'm a bear but not a reckless bear (any more :-) Playing it one candle at a time . The 6 year cycle intrigues me though (see yesterdays post)

    ReplyDelete