sunmikee
Long

DAX (similar to Nasdaq)

FX:GER30   DAX index of German listed shares
106 15 0
All time highs and we are not done )). So, Nasdaq...
Last time we seen that kind of bullish candles on monthly chart, it was just before a big crash !
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sunmikee louis.loopqck
Again, target is target, the question is when )). In 2000 Nasdaq had 5k, and for now it's the only now which hasn't had new all time high... But it will. Matter of time
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sunmikee louis.loopqck
Before crash (big or small) we need to see sign of that. So far we hasn't seen anything. Personally, I see crash, but not till November 2015. Again, everything may change tomorrow, and if we do, then we will react.
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Agreed.
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i doubt it can go above 11370
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Why is 11370 so important to you? It is not a stress zone.
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julia17 jimmy_hongkong
it looks like crab formation there with target 10970, reverse zone
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Fair enough. It's RSI is at overbought too. However it's still on the upside trend, I think 11900-12000 will be the real stress zone, a big crash will be followed by that.
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julia17 jimmy_hongkong
may be u are right, but I try from here to short
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sunmikee julia17
When I said target, it doesn't mean we need to buy and hold. Today I didn't try, I did sell short. It could be years from now - we need to trade what we see. Especially if it's MONTHLY target. ))) BTW, I'm daytrader, and never held position (future) more than 1 day ))
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sunmikee jimmy_hongkong
It's not important - it's just level. I don't predict, I go from level to level
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A little pullback next week,Maybee 11400 or deeper.Thats just profit taking,texbook reversal.From the second part of march we start a new rally up to 12200 MAX. From june/july i expect a major drop ,triggerd by some event.It will happen. We will be trading below 10000 this year again.So from 12200 we will make a 3 wave down pattern.Lets wait and see.
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A pullback to 11400? Now is 11401. Do you mean you expect that there will be a 1 point pullback?
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sunmikee Geert2000
Yeah, possible, based on Astrology view, I have it in November (as spike) but preparation for that could start earlier. Though, more dangerous time coming in 2016 (2nd half)...
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Geert2000 PRO Geert2000
10400
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