Europe's largest national economy is that of Germany and ranks fourth globally in nominal GDP. Thus, I like to keep an eye on the DAX to gauge the Markets in Europe. The DAX (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.
Monthly Chart (Curve Timeframe) – monthly supply is at $13450 and monthly demand is at $12000. Price came into monthly demand back in March and filled a bunch of buy orders.
Weekly Chart (Trend Timeframe) – the trend is clearly sideways and has been since Aug of 2017.
Daily Chart (Entry) – the only set-up right now is to wait for price to come back down to the monthly demand zone to go long or wait for price to get to the $13200-$13400 to go short where the sellers are waiting.
This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.
Published on
by rollandthomas
WARNING! The comment below by @erudire leads to a known phishing site that could steal your account.
Do not open links from users you do not trust. Do not provide your private keys to any third party websites.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
WARNING - The message you received from @erudire is a CONFIRMED SCAM!
DO NOT FOLLOW any instruction and DO NOT CLICK on any link in the comment!
For more information about this scam, read this post:
https://steemit.com/steemit/@arcange/phishing-site-reported-steem-link-premium
If you find my work to protect you and the community valuable, please consider to upvote this warning or to vote for my witness.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good rule of thumb. German companies are super strong.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
we can go here for more info..
https://www.marketwatch.com/tools/marketsummary?region=europe
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit