The Dax runs exactly in the long trend channel up I have drawn
I marked it red again so that he is better to see.
The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue.
These are the two upper skewed straight lines at about 11775 (current state)
So he has continued to build support.
But even a downward setback in the direction of the lower red channel line would be completely uncritical and would not destroy the setup
Currently at 17:30 German time clear a long setup
--------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------
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