Dax - fecho

of
DAX(DAX)
Analysis of activity through 18-09-2003
close: 3.612,0200
The current trend is up and all orders on the long side may be considered. Market activity analysis suggests that long trades put on outside of the +L+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon.
If already holding long positions, we would look to partial profits on any retracement to 3.473,7900. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 3.473,7900. Be prepared for a potential short term price fall back to the 3.519,0657 area.
DAX(DAX)
Analysis of activity through 18-09-2003
close: 3.612,0200
The current trend is up and all orders on the long side may be considered. Market activity analysis suggests that long trades put on outside of the +L+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon.
If already holding long positions, we would look to partial profits on any retracement to 3.473,7900. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 3.473,7900. Be prepared for a potential short term price fall back to the 3.519,0657 area.