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Why I’m selling the Dax: O'Hare

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July 27, 2017 dax index, home.saxo, saxotrader, saxotradergo, steve ohare first 4 trading, tradingfloor.com
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the Dax (GER30.i).

He plans to set shorts at current levels up to 12,312. His stop is a break about 12,380, a tight stop. His targets are 12,138 & 12,031.

O'Hare’s technical analysis of a selected trade features every Thursday on Trading Floor.