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Tuesday 24 July 2012

Dax Technicals

Update 2: After reaching 6456 Dax is retesting its support! Tripple bottom or breaking down?


Update 1: As discussed in the following post for possible upside of Dax, it is taking support around 6400 and forming a "U" base, sustained break above 6426 will have targets of 6480 and 6680 with SL at 6370


                            Click on image to enlarge


Dax hit its support base again... intraday,  +ve MACD indicating to go up but Moving Average resistances are very nearby at 6400, 6440 n 6620

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