The Traders dream came became true! The pullback stopped @ the 61,8 fibo. Since we have seen the Low @ 11.040 the market decided to go up further. Now we have resached zthe max. pullback Level, the 61,8 fibo from the way down 11.750-11.040. This Level could be a possibleTurnaround Niveau.
Bearish Szenario: Should the ultrashortterm trend be hurt (Grey arrow) we possible will see a dip to the former LOW @ 11.040. Will the market fall below this Level, the next target would be the LOW @ 10.650. On that way down are based the EMA and SMA 200. They should be a strong Support! If we trade below the last orange "3", i exspect a fast selloff-move.
Bullish szenario: If the index is strong enough to take the last green "2" out of the market, my autumn Rally target can be aimed.
Hybrid Szenario: The market can dip to ist EMA and SMA 200 without hurting any trand or bullish Szenario. Should the market dip to the MA`s i exspect a BIG UP MOVE
former Analysis: Beware of the Flag!
former Analysis:
Will the pullback stop @ 61,8 fibo - the maximal correction level? This would be a traders dream :-)
All Tradingsessions above its 200 sma/ema seem to be bullish anymore.
The range between 10.600-11.060 is neutral
A sustainable close below the ema/sma 200 are selling signals, prices below the last LOW @ 10.600 can generate a selloff
Greek Agreement:
OK, this morning u can read some "good" News for Greek (bad for europe ;-) ) Dax is very explosive in the morning. He started with a gap down round about 25 Points, saw his low minutes later @ 11.250 and now is making new Highs up to 11,450....is this the second start for the summer Rally
Dax caught between SMA 200 & EMA 200
Dax @ 200 EMA & neckline!!! Critical situation!!!
This morning the fdax made a new Low.
A Dax Close below 10.850 (EMA 200) target @ 10.500.
Dax Close above 10850 --> target : @11.050.
Dax Close above 11.100 --> bullish again with target @ 11.400/11.650.
Is Dax forming a bearish H&S?
My former Analysis is valid furthermore for the Long turn -Have a look @ the EMA 200 - this is the Level to watch on the downside! The 200EMA is nearly corresponding to the possible bearish H&S...
Should Dax break the neckline @ 10925 a dip to the EMA 200 @ 10.800 can be exspected
On the upper side the Chart turns into a bullish Sentiment if Dax can Close above 11.600, the last High.
Do Political trading days have short legs?
My favourite analysis did occur just in parts. Ger30 takes the alternative counting. (Grey)
-I exspect an intraday-Reversal to min. 11.200 (68,2 fibo retracement of the Crashcandle this morning)
- Exspected was a drop to the 61,8% Retracement @ 11111, worst case target was 10.800 (EMA200). This is the Level to watch the next tradingsessions!!!
Till 10.800 imo my bullish Analysis is valid in shortterm.
-A close below 10.800 increases the risk to crash till 10.000/10.200.
- A close below 10.000 should initiate a Crash till 8300/8200.
A Close above 11600 generates the old shortterm target @ 12000.
Update: Summer-Rally in
Bearish Szenario: Should the ultrashortterm trend be hurt (Grey arrow) we possible will see a dip to the former LOW @ 11.040. Will the market fall below this Level, the next target would be the LOW @ 10.650. On that way down are based the EMA and SMA 200. They should be a strong Support! If we trade below the last orange "3", i exspect a fast selloff-move.
Bullish szenario: If the index is strong enough to take the last green "2" out of the market, my autumn Rally target can be aimed.
Hybrid Szenario: The market can dip to ist EMA and SMA 200 without hurting any trand or bullish Szenario. Should the market dip to the MA`s i exspect a BIG UP MOVE
former Analysis: Beware of the Flag!
former Analysis:
All Tradingsessions above its 200 sma/ema seem to be bullish anymore.
The range between 10.600-11.060 is neutral
A sustainable close below the ema/sma 200 are selling signals, prices below the last LOW @ 10.600 can generate a selloff
Greek Agreement:
Dax caught between SMA 200 & EMA 200
Dax @ 200 EMA & neckline!!! Critical situation!!!
A Dax Close below 10.850 (EMA 200) target @ 10.500.
Dax Close above 10850 --> target : @11.050.
Dax Close above 11.100 --> bullish again with target @ 11.400/11.650.
Is Dax forming a bearish H&S?
Should Dax break the neckline @ 10925 a dip to the EMA 200 @ 10.800 can be exspected
On the upper side the Chart turns into a bullish Sentiment if Dax can Close above 11.600, the last High.
Do Political trading days have short legs?
-I exspect an intraday-Reversal to min. 11.200 (68,2 fibo retracement of the Crashcandle this morning)
- Exspected was a drop to the 61,8% Retracement @ 11111, worst case target was 10.800 (EMA200). This is the Level to watch the next tradingsessions!!!
Till 10.800 imo my bullish Analysis is valid in shortterm.
-A close below 10.800 increases the risk to crash till 10.000/10.200.
- A close below 10.000 should initiate a Crash till 8300/8200.
A Close above 11600 generates the old shortterm target @ 12000.
Update: Summer-Rally in
