- German economy is not in its best condition ever, no signals for rapid change in this matter
- hiper optimism is still present out there and no signals it is going anywhere
- technical levels work only if many traders observe them,
- technical levels dont work if traders just buy without giving it a single thought - which is happening right now
- thus this technical level will most likely be broken and DAX will add more gains...
But you can keep in mind, that technical resistance @ 16950 is created by two Fibo Ext levels:
* FE 61.8 of the impulse starting at the bottom of pandemia (green)
*FE 0.5 of the impulse starting on Oct 22 2022 (yellow)
Do you thing DAX will respect this resistance or it will ignore it?
- hiper optimism is still present out there and no signals it is going anywhere
- technical levels work only if many traders observe them,
- technical levels dont work if traders just buy without giving it a single thought - which is happening right now
- thus this technical level will most likely be broken and DAX will add more gains...
But you can keep in mind, that technical resistance @ 16950 is created by two Fibo Ext levels:
* FE 61.8 of the impulse starting at the bottom of pandemia (green)
*FE 0.5 of the impulse starting on Oct 22 2022 (yellow)
Do you thing DAX will respect this resistance or it will ignore it?
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.