DAX (similar to Nasdaq)

FX:GER30   DAX Index
107 15 0
All time highs and we are not done )). So, Nasdaq...
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.
A pullback to 11400? Now is 11401. Do you mean you expect that there will be a 1 point pullback?
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)...
Geert2000 Geert2000
i doubt it can go above 11370
Why is 11370 so important to you? It is not a stress zone.
julia17 jimmy_hongkong
it looks like crab formation there with target 10970, reverse zone
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.
julia17 jimmy_hongkong
may be u are right, but I try from here to short
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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