Sometimes it's good to take a bigger look. At the 1W view we see still an uptrend from 2011.
But MACD is showing divergence. This was also in 2008 and 2011 before a crash. Higher DAX lower MACD at second top.
Fibo's showing 10012 level for an importend level from the 2008 crash.
Important levels to watch.
9917 : first support line ( today) . Break this level means still and uptrend at the weekly.
9400 : next support line. If we break this level we break also the uptrendline.
9000 : Important next level ! If we break this level we change to downtrend.
Now just waiting for the next results season. If the results are not good then we have to be careful .
But MACD is showing divergence. This was also in 2008 and 2011 before a crash. Higher DAX lower MACD at second top.
Fibo's showing 10012 level for an importend level from the 2008 crash.
Important levels to watch.
9917 : first support line ( today) . Break this level means still and uptrend at the weekly.
9400 : next support line. If we break this level we break also the uptrendline.
9000 : Important next level ! If we break this level we change to downtrend.
Now just waiting for the next results season. If the results are not good then we have to be careful .
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.