DAX40
Both the German DAX40 index and the American Nasdaq had positive signals for a rebound or a stronger upward correction. Yesterday’s statement and FOMC conference, however, verified the market signals and caused a continuation of earlier downward trends. I didn’t participate in it myself, because as a short-term investor I avoid macroeconomic data, but I was still surprised by including the platform today. The German DAX40 is at a level where the price has rebounded several times in a narrow period of time, so we have to watch. If there is an uptrend at the support level, I am going to try to go long, if I will continue to attack the short position as now, in line with the trend of the small time interval and the main trend.
