I’m sharing some world major indices chart. Please have a look !!
DAX Monthly Chart –
Keep a close watch on DAX… This month closing is very important !! Close below 13052 level will be negative.
DAX Weekly Chart –
Weekly also suggesting Sell now. Has made Bearish Engulfing Candle and also has negative divergence! Watchful !
FTSE 100 Monthly Chart –
FTSE Monthly Chart Closing is on the radar !
FTSE 100 Weekly Chart –
Weekly Chart is Interesting – Double Top… Price rejected from the last High. Negative Diversion is there. Keep an eye!
CAC 40 Monthly Chart –
CAC 40 Monthly Chart on Radar. Next 2 Months Imp.
CAC 40 Weekly Chart –
CAC Weekly Chart is clearly showing negative diversion with Price rejected the last High. At imp resistance level, Price has made Evening Star Candlestick Pattern. Next Week is imp.
So overall Europe Major indices are in Trouble!! So next 2 Months will give an idea of where they will be heading.
I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.