MaryJane

Dax caught in the neutral area

FX:GER30   DAX index of German listed shares
696 10 39
6 months ago
Dax             is consolidating between 10.650-10.750 (blue flag). These Levels can be seen as neutral imo. Within this edges no Action is needed
--> Watch the edges of this "box" - These are Action Points where you could place an order because a bigger move can be exspected.
10.805
Resists:10.728/10.745/10.753/
Supports:10.650/10.625/10.515/10.500/10.465/10.450

Comments are Welcome -Agree or Disagree! I am very interested how you trade the Dax! Let us discuss about it!

Best Regards Mary
6 months ago
Comment: step for stzep upwards..but i am missing dynamic!
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6 months ago
Comment: double top in the Region of the resistance -i don`t like that :-) where is the dynamic gone to?
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6 months ago
Comment: aha...i saw it coming......the double top is active! thank u draghi
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6 months ago
Comment: we touched the 38,2..perhaps this is a buying possibility.... ?
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6 months ago
Comment: wow..dax dipped into the sell-area
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6 months ago
Comment: the Chart turns more and more red! there are several resists ahead now...will we really test the Support at 10.450???
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6 months ago
Comment: chart is neutral/bearish imo - dangerous Situation - be careful..the risk on the downside is still present and dominant!
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6 months ago
Comment: breaking through todays low could initiate a "mini-selloff" down to 10560/10.520/10.500
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6 months ago
Comment: and here he is: the mini-selloff!
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6 months ago
Comment: we are here:
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rsi signs a possible countermove
6 months ago
Comment: possible rebound tp: perhaps we are now aiming the 38,2? ( 10627)
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6 months ago
Comment: reached last Support Level..now the crr for a lcounter long is nice, but not my style of trading..
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6 months ago
Comment: a countermove up to the uptrend @ 10.450 or the 38,2 @ 10.500 is thinkable.
Trading below the present Level means aiming the big 38,2 @ 10.235!
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6 months ago
Comment: last supportzone turned into resistance!! that`s really ugly.
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jjMatos
6 months ago
how far down will it go before we can buy again?
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MaryJane jjMatos
6 months ago
hi -thats a good question :-) that depends on your time horizon you want to hold your Position. Just for a scalp? for a swing trade? for a tactical/strategical trade? the entry has to fit to your own tactic or strategy...
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MaryJane MaryJane
6 months ago
have a look at my Chart, here you can see the supports and resists.....i always would prefer the pro!cyclical bo....i don`t like countertrades (falling knifes)
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jjMatos MaryJane
6 months ago
thanks :)
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jjMatos MaryJane
6 months ago
hi..it is. well still believe it will reach 800 waiting on today's interest rate decision. still feel it will go beyond to 11000. just not sure when to buy again
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MaryJane jjMatos
6 months ago
they don`t Change the interest rate
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Victor.Y.F PRO
6 months ago
Thank you Mary! Be prepared for the rates hike and stocks market squeezing.
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tkarthi1
6 months ago
any update
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sunnymudhar PRO
6 months ago
Excellent Mary!!!!
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EASYCHUA99
6 months ago
TODAY all market are no Good all drop , no Good New for Dax and wall street , trader profix taking last week. Today if support 10300- 10450
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