Lucasgs5

Daily range forming in DAX, choppy movements until US elections

OANDA:DE30EUR   Germany 30
We can see that, in bigger timeframes, indices are having big sell days and huge buys the others. Checking at daily chart, without all the noise from day trading charts, we can see a big range already formed.

My guess is we gonna stay on those levels until US elections. If Trump wins, a huge bullish movement will come I guess. If Biden gets the win, some sell off will happen, but as history proved already, we will always go up.

Stay smart, trade safe.

Penafian

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