FDAX Index

Day Trading DAX Index Chart on(FDAX):

 Hi Traders, this is just an update for 1st target, and also, result of my work on DAX Index, ( FDAX futures). Like I mention, I was waiting buyers get exhaust before shorting DAX. We din’t have to wait for to long.Sellers are in total control of US$ this week, will see if they can close at this level also. Even if my 1st target was at 7468.00 , and I’m sure we will get this price.Watch who’s in control in volumes. If buyers start to be stronger than Sellers. Just Sell.

Tomorrow would be very interesting day, maybe not so far on DAX Index, but, for sure on S&P 500 Index. (See post about S&P 500 for more information).For DAX / FDAX, if we close ,lower on  my trend line of Bullish channel, looking to go short till my 50MA.

Tomorrow I’m watching very close how FDAX will react on the opening  and S&P 500. It may be the correction than most of traders was waiting.

Day Trading DAX and S&P500 at level as high right now, demand right education, if you trade on cash make sure you know what you are doing!