Beautiful bounce off the GZ confluent with the ML of the channel. It really looks like a flat B of B.
DAX (1H) / Two Elliott Wave Counts
Hello guys, the price on EUREX:FDAX1! is resting within quite a small trading range. Generally, the longer the price rests, the more volatility we can expect after breakout. So, what are my expectations here and what am I looking for? Check in the video! :-) Have a nice day! John FINEIGHT Team
If a second leg lower after the drop from 12900 is to occur - the DAX sits in the 'hot spot' between a 50% and 2/3rds retracement of the 1st decline
Today's triple witching day can be volatile, so here are my variations. If Dax no longer reach 12,486, I still expect another downward movement. Bearish price targets would be at 11,763 points and 11,305 points. Therefore, 12.486 should be seen as a StopLoss mark. My goal is to set SL on entry point because a reversal of the trend could also take place in the...
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
Looks like indices want to go deep...
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
DAX (4H) / Two Elliott Wave Counts
Price showing probability to extend downwards for the rest of the week. Risk 1%
DAX (4H) / Three Elliott Wave Counts
DAX in very bullish momentum but big chance of short term pullback in to next week. Correction of 3/400 points coming imo...
Hello traders, EUREX:FDAX1! is hitting a major resistance, which is considered to be a last strong level before all time highs. Buyers are still very strong as we could see in previous weeks, so it might bring some very nice opportunities. Check the analysis in video! John FINEIGHT Team
Let's talk about it, what do u guys think about DAX? I think it's a bit overbought right now.