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TheR8Guy

DAX / GER30 Short Idea

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Germany 40 CFD (FOREXCOM:GER40)  
TheR8Guy  
FOREXCOM:GER40   Germany 40 CFD
Trend Analysis Chart Patterns Beyond Technical Analysis DAX Index dax30short GER30 CFD germany30
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trendanalysis chartpattern beyondta dax dax30short ger30 germany30
The DAX index has hit daily resistance at 11,48x and will continue down for the time being.

I've seen a lot of chatter about the coorelation between AUDUSD and DAX and I have to agree that it follows it by +/- 60 days. If I continue to use this theory as a basis for my trate, we should see DAX shave off around 1,000 points in the next week.
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