Saturday, June 27, 2009

DAX - Update Daily and Hourly



Dax close (4776.47)= (-35.45) close below 4880 and 5050
Readjust numbers because dax visited target short-term this week.

Below 4880 I expect 4400 short-term.
Below 5050 I expect [4000,3900] medium term (4-6 weeks).
Suport important big Picture: 4650

Important Monday
Resistance Hourly 4790 - [4880-4860].
Suport: 4750 -4720 - 4650
Last friday at close new sell signal MACD but need confirmation with close hourly below 4720.

Plan for Monday.
Open more short if:
With close hourly above 4720 rule number 3,5,6.

Click to zoom in.
Enjoy.
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