Wednesday, March 14, 2012

Dax technicals 13.3.2012

A strong up day like this wouldn't leave nothing to imagination. The interest rates are being kept low thus asset inflation shall continue.

McClellan Summation Index is in an uptrend again.

Volume index has confirmed the price action even it is still lagging.

Dax cycles is pointing lower, but will it continue.

The trend following system went long S&P500 above 1391,69.