Monday, June 22, 2009

DAX - Update Daily and Hourly

Dax close (4693.40)= (-146.06) close below 4980
Something new today near of target very short term.
Below 4880 I expect 4650 very short term (bearish Wedge)
Below 4980 I expect [4200,4000] medium term.

If dax close hourly above 4880 I have to reduce some short.
Tomorrow resistance Hourly [4780-4760]. Macd with new sell signal.
Click to zoom in.