Dax Stocks with Inside Day Pattern

Last Friday the Dax Future designed an Inside Day.
In the list below you find the 10 DAX stocks that designed an Inside Day as well, you can find also the different compression NR level. So, for example, Deutche Post formed an IdNR4 pattern, Deutche Bank an IdNr3 and so on...

According to the classic technical analysis the Inside Day pattern is an opportunity to buy High/Low break-out, with a low risk level.

If you want to follow this strategy be aware that, at the same time, a lot of strategies are in placed to exploit (sometimes to make them happened) fake Inside Days breakout.

The only way to understand if "big guns" investor are really placing order or, at the opposite, some "shark" is trying to trap you is not to follow prices, but to monitor volumes.






In next Monday posts we will try to follow some of listed stocks.