Obviously, everything could change with Today's BCE Meeting but we try to give you our personal forecast on #DAX using Elliot Wave and Fibonacci Clusters.
In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this.. ...
Hello everyone! Traders we do not like to write more. The prediction of the price you can find on a chart! Regards, Team Traders "Powerful Traders"
Bearish Rising Wedge formation ready to take place?
the market is not yet bullish. maybe he will try to cover the gap of 11354 . but for the moment. I think there is still downward strength. to the point 6240
What do we think about DAX? Let's see the Monday opening. 9420 in a very important level, above a strong supply zone which everything is in (Fibo levels, Fibo Fann, Gan Angles, etc...) In our opinion, nothing will be enough to stop the bearish movement. Everything is linked to USA and #SPX500 (and the Covid 19 situation first of all). A little bullish correction...
German and European stock market is in a very bad shape and is crashing much faster as during the DotCom bubble and faster than in 2008! All major indices crashed during last few weeks, but the DAX looks weaker than the Dow and S&P500 . It is a flash crash with extremely high bearish momentum, which broke through the 50 and 100 MA moving averages! The 200...
My first public idea so give me time to be better :) Within 1h TimeFrame DAX seems to be inside a neutral channel movement. DAX tried out the decade's low support level of 8200 (2008 Lehmann Brothers financial crisis) with a throwback. This is a positive sign but for now we remain neutral until we see a clear long movement
ENTRY: 11.570 TP: 11.450 TP2: 11.300 SL: 11.806 Chart time frame - 1D Time for reaching TP - 1-3D Follow, Like, Share or Comment Thanks on supporting! All best!
Nach den Panikverkäufen der letzen Wochen im XETR:DAX könnte sich (vmtl nach entsprechender Luntenbildung) ein "CoronaBoden" abzeichnen. Es könnte ein guter Anlaß für den überverkauften Markt sein, zu drehen. Die fundamentalen Daten sind auf dem Höhepunkt der schlechten Nachrichten. Außerhalb Chinas ist das Wachstum noch exponentiell, und große Teile der...
DAX daily, looks like a SELL now, cornered up rising wedge... futures over night, also show it now, before Europe opens... Apple announced a profit warning some hours ago, no surprice, do to lockdown in China jan/febr.... Bear dvg in several indicators, in higher TF...
We can make 2 more tops as shown in the figure with the max max of 14147 acording to past history It may come down next week, from wednesday, because in the first 2-3 days there is no big volatility concerns.