This is JUST my opinion, i'm no specialist at all.
DAX got rejected on 15170. Now in a parabolic movement to the upside.
I draw a support line with has been rejected multiple times.
Also the RSI and volume checks out.
I think a lot of people are shorting at 15270. If we brake through and fail to brake back below,
i think we could go back to 15400 or higher.
At this point, a close below 15170 is very bearisch and long overdue.
Finding support at 15100 or 15000 is ideal for a greater movement up.
Share your thoughts in the comments!
DAX got rejected on 15170. Now in a parabolic movement to the upside.
I draw a support line with has been rejected multiple times.
Also the RSI and volume checks out.
I think a lot of people are shorting at 15270. If we brake through and fail to brake back below,
i think we could go back to 15400 or higher.
At this point, a close below 15170 is very bearisch and long overdue.
Finding support at 15100 or 15000 is ideal for a greater movement up.
Share your thoughts in the comments!