Hello everybody
Let's take a quick look at the dax today.
we broke the trend line in red on the day chart. However, this is not as meaningful as it acts too steep. however, the course is at the top end of the ichimoku cloud and has no current power to conclude.
now it could be that the dax falls apart and follows the red line direction cloud to form an SKS formation from there.
From below we also have the support of the 200 EMA.
if this happens, the market will offer us a lot of volume.
If this decisive resistance breaks down a very strong decay is possible.
What do you think?
Let's take a quick look at the dax today.
we broke the trend line in red on the day chart. However, this is not as meaningful as it acts too steep. however, the course is at the top end of the ichimoku cloud and has no current power to conclude.
now it could be that the dax falls apart and follows the red line direction cloud to form an SKS formation from there.
From below we also have the support of the 200 EMA.
if this happens, the market will offer us a lot of volume.
If this decisive resistance breaks down a very strong decay is possible.
What do you think?