Elliot waves, FOMO theories, early throw-back, people thinking it is overbought. I mean, these opinions are perfectly respectable but I see a bull channel that might be ending in July 14 to then experience the throwback and lack of FOMO that we can see around the DAX's ideas section. So Short term (1-month) is long for me and from then on short the index from its...
The Dax has not yet finished its upmove, but broken out of small triangle with a classic retest. Dax should not touch 12,768 level, so I expect a further downward movement.
Bearish price targets would be 11,763 points and 11,305 points.
For the rest of the tradingplan, the 10,825 points should not be touched again.
Good trading day to you.
Greetings from...
Dax30 should end upward movement B and change into an downward counter movement C.
A bearish target would be 11,500 points and maybe 11,000 points. Thats 700 - 1,200 points from the current level. Looking at 12,420 level for entry Short.
However, the 12,770 should not be touched.
Have a good trading day.
Greetings from Hannover
Stefan Bode
Dax30 should end its downward movement and change into an upward counter movement.
A bullish target would be 12,100 points, over 450 points from the current level.
However, the 10,825 should be defended.
Have a good trading day.
Greetings from Hannover
Stefan Bode
Hello guys,
today I was watching EUREX:FDAX1! during the day and I was able to find few opportunities to trade.
So far the market has not been trending much, but US session just started so we will see what it brings.
John
FINEIGHT Team
Hello, according to my analysis I think the dax well go up hey some treatment but it was still go up for the rest of the month. As of right now the market is healing so expect some (buy) opportunities.
Remember happy trading.
Hello everyone,
today I would like to point out this situation on EUREX:FDAX1! and the fact that we are breaking the triple top from previous weeks. We could see on the chart that buyers were trying to push the price higher and eventually they did. The next resistance I can see is around 11 876 EUR so we have some space for uptrend in following days.
The most...
This is the DAX30 chart on the hourly time frame.
We can see a Wave 3 up and a wave 4 sideways. The 4 might stay sideways all day today
Which could be a good thing if you ask me.
Because that would increase the chances of a Strong Wave 5 breakout tomorrow. Or later today during US session.
If not today then tomorrow during European Session Open. that is...
