Monday, May 21, 2012

Prediction German Dax 30 this week May 21-25

please risk disclaimer in previous post on intra day prediction for German Dax 30

German stock market is  predicted to be choppy and volatile.DAX30 may be best perforing index compared to mDAX,TecDax,Okodax etc.DAX may hit a low point between tuesday and wednesday hence short in two stages today unless big news today or tomorrow takes it on on higher level-which wont be sustainable as shown in  prediction chart


Buy on correction mid week as markets would again rebound as it has done early morning today-may 21.
market peak around thursday though profits from long position must be protected as soon as they appear rather than wait for weeks highest points around thursday.Friday is uncertain and may be specially volatile with chances of correction more likely

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