Analysis of the Dax


The table of the positions of Mamaba System

FUTURES

POSITION

ENTRY PRICE

STOP

CLOSE

%Change

Gain/Loss

S&P/MIB

OUT

********

********

30305

 -0,05%

********

BUND 

LONG

117.35

118.12

118.81

 -0,46.%

 +1.24%

EURO-DOLLAR

LONG

1,249

1,314

1.3260

 -1.19%

+6,16%

GOLD

LONG

407,1

439.80

450.40

 -0,35%

+10,66%

DOW JONES 30

LONG

10469

10190

10479

 +0,38%

+0.04%

As far as the technical situation on the Dax, we find  clearly in a lateral phase, characterized from a light positive inclination of linear regression and from the Demand  Line.The R-Squared indicator Below the upper band it clearly indicates the end of one phase to defined tendency.

Also  the volatility and  volumes describes the picture of a congested market.As described in a previsional model, introduced some time ago, if we saw to grow the volatiliy with a volumes indicator positive, would have to take short position.

(articolo di Sandro Mancini)

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