Thursday, November 7, 2013

2013/11/07 DAX Double-Whammy Squeeze: 4h and 1h power waiting for today's news releases


The DAX and many other indices are setting up for a double-whammy: pressure is building before the news releases today, and the indices are squeezed into narrow ranges. The DAX has a Squeeze in the 1h and the 4h chart, just waiting to release the pressure in one or the other direction. Two-sided strategies that speculate on larger movements are favored in this situation. 

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