29062023 - #DAX
Yesterday's speech has no impact. Basically it was a simple basing at PZ then rally day. Lowest price was at open as it rallied then base then rally. There was some resistance during US session but it did not do much to DAX, finding support at the BZ and moving higher. I was much bullish indices yesterday except for the unknown speeches by BOJ and price action is just playing out as it is.
Price is much overbought which is a "concern" but other than that today could be another strong up day with 16130 as a possible target/strong resistance.
Price is much overbought which is a "concern" but other than that today could be another strong up day with 16130 as a possible target/strong resistance.
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