Let's take a look at the dax
we were able to break through the 12437 zone without any problems without problems and formed a cup formation.
the only thing that bothers me is that we have not corrected this great run before. this is noticeable now. the Dax lacks the power to generate new highs. In addition, he has broken a distinctive trend line which has accompanied us since mid-mei. the MACD has also not formed a new high point and now shows a negative divergence. From here we should correct a little bit for the first time and gather strength to attack the new high points.
I observe returns in the 38-61 fibonacci zones and look for suitable buying opportunities from there.
PS: if the dax corrects at the same pace, the 200 EMA with the long-term trend line would colise what could be a nice signal
we were able to break through the 12437 zone without any problems without problems and formed a cup formation.
the only thing that bothers me is that we have not corrected this great run before. this is noticeable now. the Dax lacks the power to generate new highs. In addition, he has broken a distinctive trend line which has accompanied us since mid-mei. the MACD has also not formed a new high point and now shows a negative divergence. From here we should correct a little bit for the first time and gather strength to attack the new high points.
I observe returns in the 38-61 fibonacci zones and look for suitable buying opportunities from there.
PS: if the dax corrects at the same pace, the 200 EMA with the long-term trend line would colise what could be a nice signal