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Video / 01 December 2017 at 9:04 GMT

Why I'm selling the Dax: Lambert

Clive Lambert - FuturesTechs
Clive Lambert of FuturesTechs explains why, in a second video this week, he is trading the Dax.

He plans to sell a break of 13,030. His targets are 12,900 today, then 12,500 into next week.

Lambert’s video on buying the Dax two days ago can be seen here. He explains the background to a selected trade every week, usually on Fridays, on Trading Floor.

01 December
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Okay... So this was recorded earlier, and the trade has been triggered, and we've already hit the first target... What now? Sell a rally to 12960 and/or 13000..
01 December
m7010306 m7010306
A textbook reversal.
01 December
Oscarm Oscarm
With a stop of 13030?
01 December
aspen aspen
nice call, now in C wave - gap closen this afternoon
06 December
danr danr
Hi Clive, how does DAX looks now? Still in bear flag kind of consolidation for a move down towards 12500?
07 December
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Hi danr, Yesteray saw ANOTHER dip through 12895 that found buyers. We are still responding to this with further buying today, but I have an eye on 13050 and 13200 for signs of sellers returning. We are testing the first of these levels now....
07 December
danr danr
Thanks Clive :)
07 December
Clive Lambert - FuturesTechs Clive Lambert - FuturesTechs
Here is my report to clients from this morning: As you will see we have failed at that R2 resistance...

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