Short DAX at 7740

Quote from JSSPMK:

Hourly is now ready to crossover, 2 hour chart has its 3rd lower peak now + divergence, C'MON! Let's get it down!
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<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1619798>
 

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Quote from ASusilovic:

I still see some room for FDAX into 7950-7970 area...doesn�t mean I am overly bullish...just a little bit...:p
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Yep I think it still bullish until we get some real news from this summer prob..
 
Quote from JSSPMK:

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1619798>
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I would like to see this resolved one way or the other, pattern still valid and I do like how it looks, I will try to get on board a short train tomorrow somehow. If this IS a +/-200 point retracement call, then price might start drifting steadily South pre-market.
 
Quote from JSSPMK:

short 3
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Good idea, but maybe a little bit too early...we have not yet hurt the BEARS as much as they would have to suffer...:p

We may see 8000 today...maybe...
 
Quote from ASusilovic:

Good idea, but maybe a little bit too early...we have not yet hurt the BEARS as much as they would have to suffer...:p
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yes, you could be right, why the spike?
 
Quote from JSSPMK:

yes, you could be right, why the spike?
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Asian new highs and "buoyancy was "probably" spurred by hopes that the U.S. Federal Reserve could cut its benchmark short-term interest rates further."
 
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