There is a big divergence in RSI and the Dax tried many times to climb above 10100 but failed.
The 4h candle is very bearish as well.
I am short now from 9920 with a larger SL @ 10123.
Due to the rallye in Dow Jones and the bearish daily candle in Brent Oil I expect a larger downmove to come.
My targets are: 9300, 9000, 8600 and max. 7900.
Afterwards I expect a larger rallye to come.
Good Trades
The 4h candle is very bearish as well.
I am short now from 9920 with a larger SL @ 10123.
Due to the rallye in Dow Jones and the bearish daily candle in Brent Oil I expect a larger downmove to come.
My targets are: 9300, 9000, 8600 and max. 7900.
Afterwards I expect a larger rallye to come.
Good Trades
Komen:
The DAX short from 9920 worked very well this morning. As you can see the DAX turned nearly exacty before it reached the "shortzone".