Dax, Oil and Basic Materials

I have the DAX in short territory for daily trades, it needs to close tomorrow above 6865 (up 0.80% +) to reverse the shorts.



Basic Materials with the move from 297.19 to 283.20 reverse the uptrend; that move retraced 81% to 294.56, that’s the level for keeping shorts. If it Closes tomorrow below 287.77 I’ll be adding shorts.


Oil keeps strong, price below 640.99 at Friday’s close is selling the longs.