DAX 30 Technical Analysis - Tuesday, July 13

(Video length 00:07:28)

  • Technical Analysis Elliott Wave DAX 30 | UK100 | FTSE 100 | STOXX 50 
  • Overview: DAX, Stoxx 50 and the FTSE 100 are seeing the first impulse wave up out from the previous bullish corrective pattern, once this impulse wave (five smaller waves) completes, we will see an abc retracement and this pullback will be part of the long trade set up for these Euro indices
  • DAX30 Technical Analysis: Euro Indices turning bullish
  • DAX 30 Elliott Wave: Wave v of (i) around 15,800
  • TradingLevels: 15,600 is the corrections balance line
  • DAX30 Trading Strategy: Long at 15,500. Look to buy the retracement between 15,650 and 15,500

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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