For all those following local indices (XJO) I thought there may be some interest in other global index movements.
If you can handle the time difference, or find yourself on the northern side of the globe, there has been some interesting (juicy) movement and good swing trades across the DAX and ftse and of course not to forget our yankee friends.
I've been following the DAX with particular interest in recent months and thought I'd post some charts and generate some discussion.
Look forward to hearing from anyone.
DAX is sitting at an interesting point right on a significant support/resistance line and also the 50 day moving average. Some positive political sentiment in coming days could inspire another good leg up...
Daily
Weekly - or will it come down to 50 bar MA before continuing?