IvanLabrie

Dax: Potential top here...

Kort
IvanLabrie Uppdaterad   
FX:GER30   DAX index
There's a nice short setup with defined and low risk in the Dax here. You can trade it with futures or CFDs, the stop is tight, you could use a stop over 12933 here for instance.
The recent daily uptrend signal that triggered 3 weeks ago ran out of time, and now we had a bearish reaction to resistance. Sentiment is getting out of hand, and there are very extreme things happening with euphoria from retail...FOMC might be a catalyst for a top for a while.

Cheers,

Ivan Labrie.
Kommentera:
So far so good...
Trade stängt manuellt:
Looks like it can rally again, maybe even breaching ATH.

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