Stock Index Review...Key Levels you need to watch!!We take a look at the Daily charts and price action on our Key Indexes.
It is important to have a longer term view of the price action and risk levels on the key markets so we will discuss our major markets and what we are looking for in the video.
We take a look at the following Key Indexes:-
Nasdaq, DOW, DAX, FTSE, ASX200, Hang Seng and the Nikkei.
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DAX Index
DAX Elliott Wave Analysis Higher Timeframe (06/08/2023)In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe.
Trading week recap for NASDAQ, DOW, DAX & FTSE (29/07/2023)Let's look back at the past trading week and learn from it. What went well? What could be better?
This is an experiment. Educational content to become a good waver. If you like this video, please let me know by commenting. Any suggestions? Please let me know.
DAX Elliott Wave Analysis Higher Timeframe (29/07/2023)In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe. We see opportunities for both short and long trades next week.
DAX Elliott Wave Analysis Higher Timeframe (22/07/2023)In our primary scenario we expect a bit more upside as a wave (5) to finish the higher level wave ((1)). In our secondary scenario, the high might be in and the pullback might have started. For investors, we are in an area to take (partial) profits. Investors do not buy here as the data shows a bearish divergence. Investors should wait for a decent wave ((2)) pullback before buying again. Traders should analyze the lower timeframe. We see opportunities for both short and long trades next week.
Trading week recap for NASDAQ, DOW, DAX & FTSE (22/07/2023)Let's look back at the past trading week and learn from it. What went well? What could be better?
This is an experiment. Educational content to become a good waver. If you like this video, please let me know by commenting. Any suggestions? Please let me know.
DAX Elliott Wave Analysis for Tuesday 18/07/2023We discuss three scenarios that could play out today. We reached the area where the wave ((4)) can end. In case of a single correction, we should start to see an upside movement. In case of a double correction, wave ((4)) can retrace deeper. Finally, we also might see no wave ((4)) if the preceding three waves up are part of a larger WXY correction. In that case, a new wave 4 low in the higher degree cannot be excluded.
DAX Elliott Wave Analysis for Monday 17/07/2023We discuss three scenarios that could play out today. We reached the area where the wave ((4)) can end. In case of a single correction, we should start to see an upside movement. In case of a double correction, wave ((4)) can retrace deeper. Finally, we also might see no wave ((4)) if the preceding three waves up are part of a larger WXY correction. In that case, a new wave 4 low in the higher degree cannot be excluded.






















