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0.10% 7,767.5 s&p/asx 200

The DAX still has a way to fall on this down move as the ADX...

  1. Pandev
    1,224 Posts.
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    08/08/14
    10:59
    Post #: 13789029
    The DAX still has a way to fall on this down move as the ADX line indicator has not peaked on this move which tells us the short term down trend is still in play on the daily.

    A break below 9000 won't be pretty and will really mess up the technicals.

    Note the DAX wt was the first to turn bullish during the KFC - some consider it to be the global market trend leader.

    Last edited by Pandev: 08/08/14
    XJO Value at posting: 5,494.8
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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