DAX: A Break Below 13900 Should Trigger Significant Moves To The Downside

Feb 25, 2022

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  • DAX 40 bounced to very robust resistance at 14750/800 however ran so far as 14893 – I hope you managed to carry on the brief for the collapse so far as 14000

  • Euro Stoxx 50 March breaks vital assist at 3900/3880 to hit my first goal of 3810/00

  • FTSE 100 March crashed so far as 7251 as Ukraine is attacked

At this time’s Evaluation

has crashed so far as my goal and powerful long run shifting common assist at 14100/000. A break under 13900 ought to set off vital strikes to the draw back, initially concentrating on 13750/710.

Nevertheless a bounce from 14000 is definitely attainable, initially concentrating on 14280/330, maybe so far as resistance at 14500/550.

broke vital assist at 3900/3880 initially concentrating on 3810/00 (hit) and maybe so far as 3750/40.

Longs are very dangerous however I can’t rule out a bounce from 3810/00 to 3880/90. Additional beneficial properties meet robust resistance at 3940/50.

crashed so far as 7251 as Ukraine is attacked. Robust resistance at 7315/40. Above 7350 nevertheless can goal 7390/7400.

Additional losses definitely are attainable to 7190/80. Anticipate robust assist at 7130/10.

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