Let’s talk about the Dax 🙂

Today the new weekly cycle begins and the price is pushing down, you will say “it’s not good, because it should go up” and I answer ” It’s good! , because the more the spring is loaded the more it pushes up”.

The price is retracing the 50% Fibonacci and we are there waiting for it with a nice Long position at 15560 to close it on the new monthly highs. 😉