German Stock Index (It is more than just buying Supply/Demand)

Actualizado
View On German Stock Index (5 JUNE 2020)


DAX is rising higher for the past week and the previous resistance of 12,250 regions has turned into support.
So, watch that region closely. if 12,250 region support well, 12950 regions will be the next resistance.

It is more than just buying Supply/Demand. If the BOND market implodes, stock markets will become another attractive option.



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Nota
Updated View On German Stock Index (10 JUNE 2020)

DAX hit 12,950 as we mentioned previously.
Now we are seeing some BEAR action in the index and IMO, it is about time.

It shall make FED item to whip some late buyers out.

12,380 will be the nearest support while, 12,000 regions will be a further one.

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Nota
Update View On DAX (11 JUNE 2020)

Thank You Mr. Powell.
We are in the money.

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Operación cerrada: objetivo alcanzado
Update on On DAX (11 JUNE 2020)

Thank You Mr. Powell.
Now it hit our TP (Take Profit) level.

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