16/07/2012

DAX 22 weeks with 8 and 21 weeks MA's

DAX the same chart as FTSE, SP500 and DOW below. The big picture looks the same for all these indexes. When they move in tandem I use to follow carefully only one, for now it is the DOW since it is traded  the longest time per day. All these indexes will move the same way when the new trend starts. You see that DAX has a very big gap between the MA's and a cross will take time to get. 

No comments:

Post a Comment