13/12/2012

DAX short trend is down and has broken very strong R from 2007 at 7.603.48

DAX week from 2007 until now.

Click the picture and look to the far left you will see a weekly double top before the steep fall. The bottom of that double top is at 7.603.48 and is a very strong R point to get above and hold.

DAX day now.

Here you see 7.603.48 again. The line is broken on downside now, but the daily trend is up.



DAX 2 hr now.

The 8 MA has turned slightly down but the 21 MA is strongly up. Not until we get a close of the MA's on downside and both are down there will be a technical sell signal.

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