Tuesday, May 18, 2010

DAX Daily Market Thought 19052010

I have to change picture for now last update " temporary top is formed below 6276" (add more info) if close below 6014;
If you are agressive trader and have longs positions put stop >>> if close hourly below today lows 6113.
I change picture short-term because hold important suport around 6000 and that is can be very important for short-term.
If close daily chart below friday lows(6014) expect more damage target short term 5900 possible extension to 5750. Click to zoom in. Good luck folks.
News of last hours:
BERLIN, May 18 (Reuters) - German Finance Minister Wolfgang Schaeuble plans to ban short-selling from midnight, coalition sources told Reuters on Tuesday.
(Reporting by Andreas Rinke; writing by Erik Kirschbaum) Keywords: GERMANY SCHAEUBLE/SHORTSELLING


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