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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Thursday, August 8, 2019

Dax weekly and daily

This was the weekly chart posted previously

here is the weekly to date

Sows the break of the uptrend since December 2018
Found support at the 200-week moving average

rally to test the trend line - a break above and the bull move higher probability
a failed rally to the trend line - a test of the lows  and possible bear move
a failure short of the trend line, the higher probability that the bear move is stronger



DAILY
arrows show various scenarios
keep an eye on levels 



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