The index fell below the key support level at 5970 which is 38.2 % Fibonacci retracement of the fall from 7610 to 4967. The next resistance can be found at 6066. Support levels are located at 5610 and...
The index fell below the key support level at 5970 which is 38.2 % Fibonacci retracement of the fall from 7610 to 4967. The next resistance can be found at 6066. Support levels are located at 5610 and...
DAX:Dax dipped to the 5760/55 level which held the slide very nicely. The rally took us to 6000/09 and we may be able to build on this today.Above 5885/94 we can test 5947 before 5971. Above ...
Yesterday’s price action of DAX index broke the most recent trend line and declined sharply toward the 5,750 area.This down move is likely to continue after a correction (up move) that we are ...
The index fell below the key support level at 5970 which is 38.2 % Fibonacci retracement of the fall from 7610 to 4967. The next resistance can be found at 6066. Support levels are located at 5610 and...
DAX:Dax halted before a test of August highs of 6112/25. We took a tumble to ‘‘good support at 5825/07 to hold the downside today’’ and indeed the market bottomed at 5821. ...
DAX Index gained around 950 points (18.6%) from the 4th of October until now, the most power being in the first third of the move.The rally is clearly losing momentum as the multiple trend lines ...
FTSE:FTSE failed below the Sept highs to finally succumb to profit taking and we held the 5348/40 level to the downside.This morning we have made it back to 5390/85 but if we cannot get above here ...
The index fell below the key support level at 5970 which is 38.2 % Fibonacci retracement of the fall from 7610 to 4967. The next resistance can be found at 6066. Support levels are located at 5610 and...
FTSE:FTSE broke above 5400/05 to test the Sept highs at 5445 which coincides with the 100 day moving average where we predicted the market should top out and indeed the high was 5442.If we succumb ...