The goal of this website is to provide an independent perspective on Financial Markets. We facilitate our users investment strategies based on Technical Analysis, a tool used to forecast the particular financial instrument performance, based on its past price history and its trading volume. We identify techniques and methods which will allow them to obtain a higher profitability. In addition, we are closely connected to lifelong learning objectives. Consequently, our job is aimed to achieve both educational and investment decision-making purposes.

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Tuesday, 27 April 2010

Dow and Dax shine among Securities markets, but they reach their goals

The Dow Jones and the Dax have demonstrated so far their resilience among the most representative worldwide Stocks Markets. As their charts show, they have been able to maintain their upward tendencies during the past two months, despite the general weakness which many Securities Indexes have been immersed in.

Nevertheless, their technical situation has begun to deteriorate, which can led both of them to look for lower goals. However, the strategy remains unchanged as it should focus to watch over the first supports: 10.960 and 6.140 points respectively.


The recommendation for the German Index is to sell if prices finally break the support of 6.140 points. Stop loss in the level of 6.350 points.



As for the Dow Jones the recommendation is to sell if prices break the level of 10.940 points. Stop loss in 11.250 points.
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