Antoher great divergence on dax, another great trade
Oil can return fast arround 40$ and than go down, forming a huge divergence like past for 1y before going up. Be careful short term: long untill 40$ mid term: short untill 10$, 0$ long term: long
Dax touch again the mid term trendline and the MA50D1, nice point to sell and wait the hit of the support area!
Same situation of 2018 end. ATH, RSI divergence, very strange up-lateral movement
To confirm the uptrend, Dax have to hit the neckline of H&S in the picture
Dax have to retest the broken trend line to go higher
Dax have to go down in the massive support are of 12500 to start the 1 year rally
Dax could build an H&S and going strong short again...watch out!