Dax has broken the celling of a rising wedge which indicates further development in the same direction.
The breakout of the 13190 resistance has been meet signalling a well further rise to 13480
The index is between the support at points 13190 and the resistance at points 13480.
An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend
and may well break the 13190 resistant.
A decisive break out above well predicts targets at 13376&13480
The index is assessed as technically positive for the medium long term
Thanks for watching
Trade Safe
The breakout of the 13190 resistance has been meet signalling a well further rise to 13480
The index is between the support at points 13190 and the resistance at points 13480.
An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend
and may well break the 13190 resistant.
A decisive break out above well predicts targets at 13376&13480
The index is assessed as technically positive for the medium long term
Thanks for watching
Trade Safe
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