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.
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- Erick Stern
- I am a civil engineer who likes charts, to me, speculating in the markets is both a hobby and a second profession and in my view the stock market is the most honest environment, since it is only your knowledge and preparation that matters. I live, and work in the construction industry, in the Dominican Republic. I read and answer all my mail so please feel free to write firstname.lastname@example.org Thanks, Erick