DAX UKX FTSE CAC MIB Elliott Wave 15 March 2019 [Video]

Peter Mathers TradingLounge

DAX UKX FTSE CAC MIB Technical Analysis Elliott Wave and Trading Levels.

TradingLevels: Medium Level (ML15|11,500) as the market support
Trading Strategy: If, 11, 600 becomes the support then build long trades on 11,600 and then through 11,610|20|30. Expect resistance at 11,650 so take part profit and wait to see if this level becomes the support to add to positions.
There is an Elliott wave count that can see the market lower to the 11500 for a bounce and then down through the 11,500, SO short with 11,572 as the retested resistance.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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