DAX30 UPDATE Support zone (Daily Chart)
Making this updated chart to warn you to be careful with what happens on Monday. Doesn't mean we're going up right on Monday. We may still drop down a bit. Looking at the Daily chart, the trendline hasn't been touched yet. So we may drop down to around 10.210 and that's where the line is touched.
Also, the RSI is currently sitting at 30, so tomorrow it might drop below 30 due to the price drop I mentioned above, giving us the oversold signal.
Adding to the trendline, we have the 200 EMA which gives us another support base.
Also, the RSI is currently sitting at 30, so tomorrow it might drop below 30 due to the price drop I mentioned above, giving us the oversold signal.
Adding to the trendline, we have the 200 EMA which gives us another support base.
