The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Black line- bearish RSI divergence
Green line -support trend line
DAX is trading around 14,735. Price has broken below the green support trend line and has started making lower lows and lower highs. We warned traders on time when we saw the bearish RSI divergence. Our early March analysis on DAX noted that a pull back towards 14,500-14,600 was highly probable. Price today made a low around 14.730. We are very close to our target. Price has retraced 50% of the last upward move from 13,786. Next support level is at 14,515. The RSI is still not in oversold levels. I expect more downside for DAX.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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