German Stock Index DAX (A minor pullback is in the making)

Atualizado
Updated View On German Index (22 July 2019)

DAX is in the "potentially minor" pull back at the moment.
I expect the following support levels can stop the price from going lower. They are 12,200 and 12,080 region.

So, if you want to buy in, be patient and wait for a good set up to appear.




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Nota
Updated View On German Index (22 July 2019)

The expxcted minor pullback of DAX ended abruptly and it has broken up a decent S/R region of 12420-12500.
If the price managed to stay above that mentioned region, we can expect further uptick move toward 12,600 regions.


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Trade fechado: stop atingido
Updated View on DAX (7 Aug 2019)

Our analysis is no longer valid. It gets stopped out.

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