We are seeing an slight relief in Coronavirus numbers now so the outlook for next week is still bullish as I see it, but as I see a real risk for the slowing of the january christmas and NYE spike from uk variant there very well could be a new spike of numbers coming in February. On a TA Level I see the dax being at resistance having been strongly supported by the 20DaySMA, thus we already are at strong resistance around 14k we will see a correction in the next weeks trigger would be breaking the 20 Day SMA.
Also I indicated the TOPS by of distance from 200 Day SMA, on average we peaked at 10-14% which was reached January eight.
Also I indicated the TOPS by of distance from 200 Day SMA, on average we peaked at 10-14% which was reached January eight.
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Isn't he a bitch? Still eyeing the target tho new short at 14050