Equity Market Observation 11.07.22
DAX Index

equity_market_observation_featured

Looking at the chart back till 2009 then it’s tempting to close short and go small long around the rising trend-line, the blip down below the trend line has not been taken into consideration due to very abnormal market event (covid)

Momentum is also testing the previous lows when testing the rising trend line.

*Market Observations are NOT trading recommendations*

Connect with SGT Markets

Follow us for the latest news & insights

Related Articles

sgt_chartbook

SGT Chart Book

unveiling-the-best-moving-average-for-day-trading-a-comprehensive-guide

What is a Death Cross in Trading: A Comprehensive Guide

sgt_chartbook

SGT Chart Book

unveiling-the-best-moving-average-for-day-trading-a-comprehensive-guide

What is Volume in Trading: A Comprehensive Guide

sgt_markets_observations_tony_190923

QE: The economic peril from which there is no escape

sgt_chartbook

SGT Chart Book

sgt_markets_observations_tony_180623

What do investors desire, and what can they realistically expect?

sgt_markets_tradingguide_cbdc

Central Bank Digital Currency (CBDC): A Comprehensive Guide

sgt_chartbook

SGT Chart Book

sgt_markets_observations_tony_070923

The King of Commodities

sgt_chartbook

SGT Chart Book

sgt_markets_tradingguide_shiba

What Is Shiba Inu Coin: The Ultimate Guide