Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

DAX Futures - Jun 24

Real-time capital.com
Currency in EUR
Disclaimer
18,455.5
+135.5(+0.74%)
Real-time Data

DAX Futures Discussions

As expected, DAX eventually gave the desired sell off on the 1D scale (due to escalation on the coronavirus outbreak) and we finally hit the 13,050 - 13,000 Support Zone. As I mentioned last week the gap extends as low as 12,880 (January 31st bottom) but I won't wait for a bottom as under this unreasonable panic environment, the index can make a reversal as soon as any bullish news hit the market. Like I have been saying since January, DAX is technically within a 1D Ascending Triangle (RSI = 37.350, MACD = 21.600, ASX = 23.360) and the next Higher High should be closer to 13,900. I am therefore opening my usual medium term swing buy now (13,100) with TP 13,500 and 13,900 in extension. Have a great and profitable week ahead.
what is your SL
I am affraid of so huge long positon. I think when virus will be publiced in another eu country, it will fall more down and its highly possible.
You know I highly rate you, but vix is too high with unprecedented gap up.  Given this, indexes aren’t oversold enough.    Sp 3100?  Dax 12500?   Hoping I’m wrong and your right
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.