Next week we can go upto 11840 and max down to 11480. If Dax goes under 11640 till Friday we can see 11575 - 11500 - 11480 - 11400 and max 11200. I will buy from 11690 - 11700 - 11720 - 11760 with TP 11805. I will sell from 11805 - 11760 - 11735 - 11690 - 11640 - 11580 - 11540 - 11480 with TP 11408.
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
2016/11/17. DAX stock index forecast for next months and years. DAX index forecast for November 2016. The forecast for beginning of November 10511. Maximum value 11402, while minimum 10112. Averaged index value for month 10696. The index at the end 10757, change for November 2.34%. DAX forecast for December 2016. The forecast for beginning of December 10757....
> 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).
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.
My stop profit was actived at 10.037 (DAX futures) during this night. For now i am out, waiting where DAX wants to go. May lows is the key for bulls and bears at this moment. Has you see DAX break the ascendant channel. If DAX close below 9.733 a re-test of february is a option.
German GDP = Positive in the month of May & hit 55.0 Mark - brighter future ahead GER30 We'll see just a little bit of downtrend and the GER30 WILL aim for 104+
DAX Look: return to levels of demand The key short-term support is at 9,900 points. DAX drop 1,03% which falls at about 14:30 hours of today's session. This has led to the price of our indice to close the gap at 10.057 points. Short-term the trend is bullish (until the price stay inside the channel DAX still in bullish mode) . We do not appreciate any sign of...
DAX is near to close the 10.057 gap. I will advice re-open (add more) longs at this levels
Picture explains the most, if any questions, just ask in the comments
For the 1st in the last 12 months DAX make a new higher high. Of course DAX will have some pullbacks in this travel to new all time highs.
Give DAX a little nudge and push it higher again:) must kiss @ 10000 (First TP zone) again - back to NorthPole
the yearly high of 2016, until this weekend in EUR/USD Cross-Rate was mor or less at the same time like the yearly low of the german blue chip equity share! Interesting and important technical fact, at least in my opinion - ahead of ECB Meeting this week (thursday) & FED Meeting next week (wednesday) !!! take care best regards: 4XSetUps
Germans major share index breaked out last week! If this week we`ll close above 9600 (above down side trend - since november 2015) the technical picture would suggest a trend reversal !? take care best reghards: 4XSetUps
The DAX30 index is moving in a descending wedge, which is a bearish formation. We can see that the market respects the formation, in which an overshoot of the upper trendline resulteted in an overshoot in the ABCD move (Which then hit the support line). We have a major ABCD move going in bearish direction down to 8350 and combined with the formation, it would be...