Dax 30 : Likely to continue inside the monthly range 15130-15330

Dax managed to stay inside the monthly range, unlike Us indices ,Dax avoided any heavy loss regardless of the situation in middle east as well as the higher inflation numbers from US. Price is likely to continue inside 15130-15330 rectangle with few more Higher highs and Higher Lows ,Speculative Sentiment Index is around 40% and fluctuating rapidly after every spike . Better is to scalp inside the range until we see a major real break out either side.


Trend : Rangebound
Signal : Long Scalp 15130 -14950
Target : 15300-15530
Stop Loss/Sell Stop : Below 14800