Hi workmates !
Despite actual Greece situation in Europe, DAX may keep on climbing to MA200 resistance this week.
On technical view, we can see that DAX has found lot of supports below 11400. Moreover it has just closed above last downtrend channel resistance giving us a nice long signal. A close above 11640 could lead to 11830 level
This trade remains a bit risky. Nowadays we are feeling sick of this overvalued equities market giving us a bearish bias on tong term view.
Best Regards,
Serge
Despite actual Greece situation in Europe, DAX may keep on climbing to MA200 resistance this week.
On technical view, we can see that DAX has found lot of supports below 11400. Moreover it has just closed above last downtrend channel resistance giving us a nice long signal. A close above 11640 could lead to 11830 level
This trade remains a bit risky. Nowadays we are feeling sick of this overvalued equities market giving us a bearish bias on tong term view.
Best Regards,
Serge
