After strog donw impuls. I wait correction and overlap GAP
why not? bearish butterfly pattern is not complete but if will be completed you can short "all in"! ;-)
with the impulsive start since the morning and a missing low under 10490 dax gives us a hint that we are not ready yet to head towards 10.000
The MOB at 625 got hit, which forces us into entering long, But still if we stays under 10690 a new Low under 400 is inevitable
It was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve...
The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) ,...
If the day candle can be close above 10.600 you should buy to TP: 11.500 - on a day chart! This is my opinion
if we move ahead of 10490 this is the possible action for it
> 9331 Points still bullish (short-term time frame) = 9330 Points neutral < 9329 Points bearish (mid-term trend-resversal-formation is starting) < 9329 Points bearish (long-term trend-resversal-formation is starting)
> 9331 Points still bullish (short-term time frame) = 9330 Points neutral < 9329 Points bearish (mid-term trend-resversal-formation is starting) < 9329 Points bearish (long-term trend-resversal-formation is starting)
Next buy area at green ballon, between February lows (8.699) and 12th February (8.967).
Go long if DAX retraces to 9600. S/L below X, TP1 9850, TP2: 10000
Brexit Financial Times poll 6 June: Stay: 45% Leave:43% Odds Betfair Stay: 70% Leave: 30% Something is not right, someone is lying and i bet are polls. Base on that i design a new up channel and a possible buy are to get long. Make your comments.