DAX - Daily - Runaway DAX... I mean gaps!
I have been wrong on the past couple of posts about the short-term DAX outlook.
So, looking at the longer term, We got our break from the downward channel, so now the Bulls are back.
If you would like to join that society of Bulls and jump on the bandwagon, I would suggest to wait and observe for now. Or you can risk it and jump in now. Hopefully it will go a bit more up.
What I am looking at here is a move slightly higher, then a good retracement, jump on it and ride it for a bit to the previous 2017 June high.
But this is an idea that I like for now. Let's see how that develops.
As always, keep an eye on the price action!
So, looking at the longer term, We got our break from the downward channel, so now the Bulls are back.
If you would like to join that society of Bulls and jump on the bandwagon, I would suggest to wait and observe for now. Or you can risk it and jump in now. Hopefully it will go a bit more up.
What I am looking at here is a move slightly higher, then a good retracement, jump on it and ride it for a bit to the previous 2017 June high.
But this is an idea that I like for now. Let's see how that develops.
As always, keep an eye on the price action!