Tuesday, June 30, 2009

DAX - Update Daily and Hourly

Dax close (4808.64)= (-76.45) close again below 4880 and below 5050.
Today did´n`t confirm the breakout made yesterday.
See yesterday update dax daily/hourly.
Below 4880 I expect [4550,4520] short term
Below 5050 I expect [4200,4000] medium term
Suport important Big Picture: 4650
Resistance important Big Picture: 5050 - 5175

Important Wednesday
Resistance: 4860
Suport: 4800
MACD new sell signal but need confirmation with close hourly below 4800 to attack lows last week again.
Before US open new hourly update.

Plan Wednesday
Open more short if:
Close hourly above 4800 rule number 3,4,5,6.
Click to zoom in.