Dax: Top spotted

25 thg 7, 2016

I'm holding shorts in the Dax from 10206, it appears we're topping right against the top of the Brexit session. We can risk a rally above the Brexit open to be conservative with the stop or fine tune it from the 15 minute chart where there is a downtrend setup. I think we reached the top of the risk on craze, in general, so I expect heavy downside continuation in this index, and also a big move down in the SnP (also holding shorts, from 2175).

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Cheers!

Ivan Labrie

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