Rykin_Capital

DAX moving up

Panjang
XETR:DAX   Indeks DAX
Over in Germany, DAX is showing some major signals that are strongly bullish. We are especially excited about this index, given the technicals and the fractal morphology of this combination. Macroeconomically there is a whole array of reasons, as to why this might be happening from the dropping dollar to climbing consumer confidence. In our experience, fractal analysis can at times be that canary in the coalmine before the macro economics may make the whole picture even more apparent. With DAX we are looking to climb further 14.4k to 15.5k or thereabouts. Goodluck to eveyone!

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