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DAX 30: strong uptrend suitable places to buy around 11157 points

DAX 30 long-term uptrend, medium movement too long

 

Indicators bullish formation, CCI is above 0 – signals the accelerated upward movement. Each touch of the price 13 periods will give us a buy signal while CCI is above 100

 

More high peak and shallow – a steady upward movement

 

Adjustment is not more than 38% of the movement – also shows a strong positive sentiment

Good places to purchase around 11157 points.


 Varchev Traders


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