GER40 - Intraday - We look to Sell a break of 15029 (stop at 15119) We are trading at overbought extremes. A higher correction is expected. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower...
GER40 - Intraday - We look to Buy at 15041 (stop at 14961) Traded to the highest level in 46 weeks. We are trading at overbought extremes. A lower correction is expected. 20 4 hour EMA is at 15035. We look to buy dips. Our profit targets will be 15241 and 15281 Resistance: 15200 / 15300 / 15400 Support: 15050 / 14950 / 14900 Risk Disclaimer The trade...
DAX formed a Massive Falling wedge in 2022. Remember a Falling Wedge is >1 month... A Pennant is < 1 Month The 7 >21 >200MA and the RSI is well above 50 showing upside to come. The target remains at 16,375 HOLD - BULLISH\ The January Effect where investors and institutions are still buying stocks and assets to start the year. They have offset their taxes and are...
GER40 - Intraday - We look to Sell at 15119 (stop at 151201) We are trading at overbought extremes. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Although the bulls are in control, the stalling positive...
DESCRIPTION: In the chart above I have included and brief macro analysis of the DAX a GERMAN equivalent exchange of the S&P500. Aside from the difference in point ratio the DAX and S&P500 have a special relationship in which they mirror one another usually with the DAX following the S&P500. Nevertheless the DAX in this case can be showing us a different...
GER40 - Intraday - We look to Buy at 14702 (stop at 14619) Our short term bias remains positive. Prices look to be heading towards a new 44 week high. A lower correction is expected. 20 4 hour EMA is at 14701. We look to buy dips. Our profit targets will be 14898 and 14938 Resistance: 14886 / 15000 / 15100 Support: 14800 / 14700 / 14625 Risk...
Plenty of divergences on multiple timeframes on DAX. Price throwover a rising wedge into a strong resistance zone, makes this a reasonable trade considering RR. 15k should also be a psychological resistance so SL just above.
GER40 - Intraday - We look to Buy at 14505 (stop at 14419) Our short term bias remains positive. We look to buy dips. 20 4hour EMA is at 14490. Traded to the highest level in 40 weeks. Our profit targets will be 14705 and 14745 Resistance: 14718 / 14750 / 14800 Support: 14600 / 14500 / 14400 Risk Disclaimer The trade ideas beyond this page are for...
DAX Weekly Volatility Analysis 9-13 Jan 2023 We can see that currently the implied volatility for this week is 2.85% With this in mind, currently from ATR point of view we are located in the 1st percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: *For calculations, I am using the data since...
GER40 - Intraday - We look to Sell at 14582 (stop at 14677) We are trading at overbought extremes. Bespoke resistance is located at 14600. The hourly chart technicals suggests further upside before the downtrend returns. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bearish divergence is expected to cap...
DAX January 2023 Volatility Analysis Currently the volatility for DAX is at 6.28%, up from 6.13% last month. From the volatility current percentile we are located on 57th place, and based on this we can expect the monthly candle to make the next aprox movement: Bullish : 5.686% Bearish : 5.885% With this in mind we have currently 84.1% that the market is going...
GER30 (DAX) Technical Analysis: Price currently trades within a bearish flag. I’m expecting a little push to the upside to create bearish bat/double top then a heavy drop from there. Strong bearish movement was observed last week, we’re anticipating a continuation this week.
GER40 - Intraday - We look to Buy at 13909 (stop at 13829) Levels below 13850 continue to attract buyers. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 50 1 day EMA is at 13900. We look to buy dips. Our profit targets will be 14109 and 14149 Resistance: 14000 / 14100 /...
DAX40 has been on a bearish trend for the last three trading days . DAX40 is forming a Bullish trend.
DAX Weekly Volatility Analysis 19-23 Dec 2022 We can see that currently the implied volatility for this week is around 3%, DOWN from 3.17% from last week With this in mind, currently from ATR point of view we are located in the 51th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish:...
GER40 - Intraday - We look to Sell a break of 13838 (stop at 13931) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. We look for losses to be extended today. 50 1day EMA is at 13900. A break of the recent low at 13839 should result in a further move lower. Further downside is expected and we...
GER40 - Intraday - We look to Buy at 14302 (stop at 14229) Daily signals are bullish. A lower correction is expected. 20 1day EMA is at 14302. The 1 day moving average should provide support at 14300. We look to buy dips. We look for a temporary move lower. Expect trading to remain mixed and volatile. Our profit targets will be 14488 and 14538...
DAX40 is forming a sell structure on the 4H timeframe.