P
postman
Dow topping out
I'm holding a dax long for target of 11940..just below the 11950 50% retrace.
It looks like the move up has stalled though
long 570
trgt 640
my trgt is 600 X3
I could use a dead cat bounce.. Fib retracement on the DAX
Maybe just a simple 100 point counter-trend move from 850 to 950, is that enough?
Will be shorting the dax around 950.
Those US markets are NOT healthy, after a 30 point fall on the s&p it would normally chew straight through that on the way back up.
Winter is coming.