ZarNegar
Short

DAX is declining this year.

INDEX:DAX   DAX Stock Index
572 16 14

DAX             increase in the long term. And we are in wave 3.
But in the short term is reduced.
Now we are in the short wave 4. And next year we'll get into wave 5 neutral
Thanks Masoud jan. Maybe the downside target be slightly lower, toward 7550 area, but in general agree with the downside move. Are you in this trade?
Reply
ZarNegar HamedAghajani
merc hamed jan
man movafrgh hastam ba in trade.. va ta 4 mah dg ravande DAX kaheshi hast..
vali yek eslahi be bala darim...
fkr konam in hafteh ta 9000 bala bere.. va hafteh dg ta 9150
hafte dg vase forosh khob hast..
ehtemal dare ta 7550 ta sale dg paein biyad... ke in kafe gheymat mitone bashe..
+1 Reply
I also can see this falling until mid February 2105. I sold this market at 9500, will add on the positions if it pulls back to 9200 area.
Reply
Thank you for sharing. I wonder if you have considered an alternative labels and why we might have what appears to be potential rising wedge which to me looks like 3-3-3-3-3 ending diagonal, If correct could that change your view drastically. Here is my chart showing what I mean. We could be developing impulsive decline, may new major down trend.
snapshot
+1 Reply
exatcly bro :) hatd downward momentum for the next years
+1 Reply
DanV ,, Thanks for your comments

If I understand correctly. The difference in my analysis with you. One point is.
The thing that we need to be careful. And often not respected. It is a scale charts.
I use a neutral term or a short timeframe. On the scale of 1: 1
The long-term charts. Should we use a logarithmic scale. Otherwise, the result of our analysis is incorrect.
I use the weekly chart and should be used on the log scale.
Once. Try this method. Then maybe you agree with me
  Good luck
Reply
DanV ,, Thanks for your comments

If I understand correctly. The difference in my analysis with you. One point is.
The thing that we need to be careful. And often not respected. It is a scale charts.
I use a neutral term or a short timeframe. On the scale of 1: 1
The long-term charts. Should we use a logarithmic scale. Otherwise, the result of our analysis is incorrect.
I use the weekly chart and should be used on the log scale.
Once. Try this method. Then maybe you agree with me
Good luck
Reply
Wonderfull chart! I was wondering if you think the DAX or S&P will make a small bounce next week before heading for 7770 (DAX)? S&P already hit its support at around 1900. What do you think?
Reply
ZarNegar michael.k.nguyen.9
Yes, there should be a correction in the next two weeks.
This can happens to 38.2% retracement.
Now we must wait. And do not rush to sell.
  This increases. It will be allowed up to 9180.
Reply
maximus71 ZarNegar
Its a monthly support at 8719...seller should pay attention And wait for a bounce or a break of this support....normally it should retrace a little...So to replace for a good sell trade i will wait a retracment and place my next trade....right Zar ?:)
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out