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  1. #1
    Veteran Member Dan21's Avatar

    8000 a strong resistance on DAX !!!

    8000 a strong resistance on DAX
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    I am placing a weekly PUT on the DAX index imediately after it almost touched the 8000 psychological level. I am expecting some retracement back in to the 7900s in the comming days. 

  2. #2
    aqz
    aqz is offline
    Rookie Member aqz's Avatar
    Smart Move!

  3. #3
    aqz
    aqz is offline
    Rookie Member aqz's Avatar
    payrolls came out good, this moved the markets upwards!

  4. #4
    Rookie Member
    Yes, many bearish traders were stopped out last Friday. I think we could see next week some drop down but it is too dangerous to catch it as there is still very strong bullish momentum.

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