Dax: Potential top here...

There's a nice short setup with defined and low risk in the Dax here. You can trade it with futures or CFDs, the stop is tight, you could use a stop over 12933 here for instance.
The recent daily uptrend signal that triggered 3 weeks ago ran out of time, and now we had a bearish reaction to resistance. Sentiment is getting out of hand, and there are very extreme things happening with euphoria from retail...FOMC might be a catalyst for a top for a while.

Cheers,

Ivan Labrie.

Yorum:

So far so good...

İşlem elle kapatılmış:

Looks like it can rally again, maybe even breaching ATH.