Today the effect of month change has joined the half-month effect which so far justifies itself, for the German stock index. The parameters of 6-3 have become the best ones to enter and leave the market, i.e. enter — during the opening of the sixth day till the end of the уmonth (just today), leave — during the closure of the third day of a new month (June 3).
We are waiting for DAX’s growth to the Fibonacci levels of 23,6% and 14,6%, which correspond to the points 14350 and 14580.
This content is for informational purposes only and is not intended to be investing advice.
