Watch out for sarcasm! There shall be no relaxation of the Corona regime before 20.04.20. That the German leadership has chosen the 20.04. as the date to make further decisions is quite astonishing. Do the fake democrats from the Berlin Democratorship want to announce the bank holidays and currency reform to the digital Euro for the "Führers" birthday? I...
You like the idea? Then thumbs up and like + comment. You don't like it? Then thumbs up and the criticism in the comments. If you are not short yet, you can go short now. But if you are already short, you can also pyramidize. For the last opinion, the stop of Trade 1 on deuce, so that no more money is lost on this trade. Then type in Trade 2 and it would...
At the time level of the Dax, the correction will end at the end of July 2020 at the earliest, or a temporary correction high could be formed there. I do not expect the low of the movement until the turn of the month at the beginning of Nov. 2020. 7,400 Daxpoints would be an ideal target. Currently, the Dax is at the 38.2 retracement zone of the upward movement...
👍👍👍 Thumbs up + Like it 👍👍👍 Will the Dax fall straight to 61.8 at just under 7,400 Daxpoints or will the Dax take the indirect route to 11,000 points before the next sale starts to 7,400 points? Either way, I can't see much positive in the DAX at the moment. If Easter does not announce the end of the flu panic-mongering, then everyone will save themselves and...
In previous post I wrote about the channel movement of DAX and the various positive signs that appeared in the chart. Today, price once again broke out the area of EMA20 but in this time DAX tested succesfully the MA200 confirming in that way the bullish trend. An increase in Volume during the uptrend is a key factor and we should take into consideration the...
The downward dynamic is weakening. Divergences emerge. Another slide, only to enter the recovery phase?
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
As those following the latest Macro charts in Euro will know, the philosophy of EUR finding a strong bid will constitute good criteria for the devaluation of German Equities and rule out any possibility of setting new all time highs. This is crunching time for the Fiscal side in Europe, if Germany start to use the fiscal side then the logical follow up is EUR...
DAX is in Long Mode since 15.10. and runns up in my channelsystem like it should. The shorttime forecast is exact in the middle of the longtime forecast channel, so move is straight gone up in same manner since 15.10. Please have an eye on the lower BLUE marked trendline Short only by fall below that line at 12730 Stopp Long if the blue trendline is broken...
I am staying bearish. Technicals might need a recalibration under current market conditions. I do not see the Dax flying to the moon soon, especially when the ripple effect of supply chain management across the world becomes a bigger issue and might get some stops and holds on their output - export of the automotive sector. Deutsche bank is not in the clear yet,...
A red channel is descending, the trend is completely downward, you can see that the Dax stopped precisely with resistance. Later, it returned to resistance in a short time and again it did not succeed. Now the sellers are taking over. Entry price: 11980 Stop loss: 12250 Take profit: 11630
Yesterday’s session turned out to be yet another success in a long row. The hypothesis suggested the breakout of Wednesday’s high and Dax was pierced that level with strong momentum, not even reacting by any bounce at the resistance level of 12 190. We haven’t even found sellers at the first resistance level laying at 12 097. Today we open with a descending gap ...
As described the days before DAX has made a new Long setup verify to see at the new red marked trendline long For the next trading day: If Dax can not hold the strong long setup there is a blue marked long support line below where Dax could hold and stay in long If these trendline also breaks there is the big support ( have colored in black) at around...
Our signal for the DAX is BUY, we are believe the resistance will fall soon! and the Dax will continue a short UP trend and will follow the American indexes!