Wednesday, June 16, 2010

DAX - Daily Market Thought 17062010

For now trend bullish all time frame. Still valid bullish price channel.
For now bullish pattern ‘higher highs, higher lows.
Hold first suport 6093 and close near the highs.
Today highs 6307 but close 3 points below (6194) represent 125% false breakout extension
Above today highs next resistance 6232 ( 137 of extension).
Above 6093 expect test 6232.
Below 6093 expect 5980 possible extension to 5870.
Suport 5800, [5960,5980] and 6093 / Resistance: 6194, 6232 and 6310
Click to zoom in. Good luck folks.



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2 comments:

  1. Boas,

    Eu acho que amanhã temos uma correcçãozita. Lol, esta candle de hoje no DAX faz-me achar isso, mas de resto, no curto prazo a tendência é bullllllish.

    O que achas?

    Cump
    Muhammad

    ReplyDelete
  2. Agradeço antes de mais a participação.Sim acredito nisso abaixo da resistencia apresentada no gráfico. Os meus comentário pode seguir no blog.http://followmarketrend.blogspot.com/p/twitter-updates.html
    Vou deixar algum apontamento durante a sessão de amanhã.
    Thanks for feedback.
    Yes possible correction next sessions below resistance, check resistance area.
    Can see all my comments here http://followmarketrend.blogspot.com/p/twitter-updates.html
    Good luck. New updates soon.

    ReplyDelete

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