DAX CASH INDEX today's low stands at 21723, far far away from yd high during RTH at 21297.
Who knows when this wide gap will be covered.......
I hold my long position 21769 waiting for a retest of today's low next minutes/hours after US official open.
If retest will not happen = DAX trend remain strong on the upside
If retest will produce another rebound, I will look for 2nd possible retest
If they will break down, we'll see where and when new low of the day will be fixed......
Many US data from 15:45CET this afternoon and then tonight after US close IBM and TEXAS Instruments (historical SOX bellwether) will release their earning repoerts.
Who knows when this wide gap will be covered.......
I hold my long position 21769 waiting for a retest of today's low next minutes/hours after US official open.
If retest will not happen = DAX trend remain strong on the upside
If retest will produce another rebound, I will look for 2nd possible retest
If they will break down, we'll see where and when new low of the day will be fixed......
Many US data from 15:45CET this afternoon and then tonight after US close IBM and TEXAS Instruments (historical SOX bellwether) will release their earning repoerts.
I call upon my father's spirit , watching over me