DAX keeps on ranging down
In the last two week DAX has been ranging between the 12200-11900 levels within the 200 DMA as major support and the red trend line as resistance.
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Author: truman52000
Oh my gold…
Again and again. Third not lucky either.
On Friday gold prices tried for the third time a breakout that was promptly stopped
Dax rebounds but doesn’t break the downtrend
The DAX managed to rebound from the important support ending the week in positive territory
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Great pattern unfolding
This week I will cover something extremely interesting going on on the DOW Jones. A quite rare but effective candlesticks formation has fully developed on the chart
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Dax stares at the cliff edge
As I expected last week Dax continued its fall. I decided to have a look at the daily graph on a longer period of time.
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