Renkotrade

DAX Long Situation end of trading day 19.03.2019

TVC:DEU40   GERMAN STOCK INDEX (DAX)

Hello to all who follow my charts.

The Dax runs exactly in the long trend channel up I have drawn

I marked it red again
so that he is better to see.

The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue.

These are the two upper skewed straight lines at about 11775 (current state)

So he has continued to build support.

But even a downward setback in the direction of the lower red channel line would be completely uncritical and would not destroy the setup

Currently at 17:30 German time
clear a long setup



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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
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