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...
The market goes back down but two major resistance could limit the fall. And don ‘t forget to take your profits…
Strong ressistance at this level. Time to corretion?
Hello everyone, yesterday sellers took over EUREX:FDAX1! and we got through another zone. Since the open, price is being pushed lower and I am looking for a short opportunity right now. We are getting closer to the bottom of the large trading range so let's see what the market is going to bring us. ;-) Have a nice day! John FINEIGHT Team
In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I...
In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I...
Indices still reluctant to go South. Patience is key. Daily Vegas waves currently supporting us.
There should be 3,000 points to be distributed again shortly, and again on the short side. The whole LockDown is causing more damage globally, so that many more people will die as a result of the LockDown than of the Corona virus, because when people are starving and have no more livelihood, then you are waging war, because somebody has to be to blame. In...
Win win situation. Ride the C or the 3.
Is the DAX Index in the Most Bearish Configuration Ever?
Good morning, everybody! After Friday sell off EUREX:FDAX1! opens with a large gap today. Sellers are back in the market and I am looking for an opportunity. The price is now reacting on a minor resistance and we have got another major one higher, so what is it going to be? Stay tuned for more updates! Wish you good trading, guys. John FINEIGHT Team