…essendo fuori cerco di aggiornare ugualmente….
E per questo approfitto dello scritto del mio amico Francesco Maggioni
the movement we are witnessing today after the first pass of the french election must be still labelled as an ending wave 5 and not a newborn bullish trend. Very likely then this is simply (the last?) leg up before a correction will materialize.
Even though strength is nowhere to be found, an alternative early indication of newborn bullish trend could be the presence of a volume explosion, but neither this is present.
Here’s the list of current situaiton:
– gap up to new all time high for DAX;
– no strength;
– no volume explosion;
The only way I read this is simply the typical conclusion of a trend (either bullish or bearish).
Target for DAX is around 12.500 future points before a meaningful correction: or it could also break the upper trendline just as fake break out before inverting (short term). So this green candles movement should last few more days.