www.varchev.com

DAX 30: break through 50 day moving average – a bullish signal.

DAXD5AdailyDAX 30: went over a 50-day moving average, which gives us a signal for dominance of buyers and likely growth by the end of the week. On the other hand we do not break the indicator Force Index above 0, no confirmed signal to buy. We are waiting for the index to pass over 0 to show that sentiment is bullish now and then will look for places for shopping.

Volatility will be high today, which can be used, trading with someone ostsilarator small graphics. Yesterday bar shows the power of buyers around the levels below 50 period average – in 9370, therefore any adjustment to these levels can be used for purchases with a stop below the bottom of the bar.

Market sentiment is mixed, which is confirmed by jerky movements. There is a struggle between pozitvinite expectations that the Fed will not rush with interest against speculation about the low levels of oil and the situation with Russia.


 Varchev Traders


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance