16/11/2012

DAX daily chart point to further falls down to the 200 MA

DAX daily chart. The top situation looks very dangerous and the 50 MA turned down this morning. The overhead MA's point strongly down. DAX took a new low Thursday and the 200 MA is far to low from the current trading. In the coming weeks it look highly likely to see the index fall down to test the 200 MA now at 6.825.

No comments:

Post a Comment