Trading2ez

DAX (Ger30) likely to fall with other indices!

Hey tradomaniacs,

technically we are getting a nice chance to short DAX30 as price has hit a strong resistance-zone inside the trendchannel.


Fundamentals:

Market only pushed up as Jerome said 0,75% hikes are not considerable. Marked enjoyed that as it would have been the only surprise that wasn`t really priced in, but a rumor
or expectation by some banks.

Nonetheless - It doesnt change the tight policy.

Yap.. I expect Dollar to keep pushing as nothing has changed.... ECB stays dovish while FED freaks out and fights inflation.

Not good for the globale stock-market..


What do you think?

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