GERMAN DAX INDEX

We are looking for potential long (buy) positions on that index.
In yellow is buy reccomendation,
In brown it is Strong buy.
The target will be at 14380 or 0.786 fibo level

Yorum:

After publishing idea, our disscusion is on very high RSI and Stoch indicators, which are showing overbought situation on the market.
In case of opening long positions right now it is preferable to diversify with put options.