One of the reasons why I can;t seem to get bullish, though I expect the short squeeze on garbage stocks to continue tomorrow.
Still in a wedgie, MFI overbought, RSI not quite there yet. Projection is still gap up Monday and reversal either Monday or Tuesday
1-on daily chart dax have BUY PINBAR from yesterday , dax company news comes very good , so looking for buy in deep is good stratgy 2-AC on 4hour chart is green (mean buyer +trend comming) ,AC30min is full red,ready to turn green =buy signal ,sl on today low 3-we belive even NFP comes bad , dax after wide zigzag ,in next days will coninue to go up to 16000...
FDAX formed a wedgie with RSI touching overbought US futures went up on Asia and Europe, nothing to do with the US so everything looks weak now including meme stocks. Looking like a gap down tomorrow, but you never know in this weird whipsaw market. Positioned myself for PD (this week) and SFIX (next week) earnings.
technical say it 90% will back to touch trendline ,then can fly up again on trend touch we will buy with sl=low 15400
Indicators are all in the middle though the last couple of times it went oversold before bouncing. Doesn;t look like Asia is gonna do anything tonight, gap direction will depend entirely on the EUros. I don't think they'll prop up US futures like they did this morning, that was strange. EUrope red and US futures held steady. Opted to stay cash since I have no...
AC indicator on 4hour chart is green,up near full AC on 30min chart going to green this mean dax little must move up ,then back down (or range) until AC 4hour turn red ok? when AC 4hour turn green must start new up move to 15800-16000 (fibo extention show dax target 16150) ADVICE= looking buy in deep and hold until 15800 AC for metatrader4 4xone.com
Germans close to testing the top again Sunday night. If they break through then we get a melt up, if not hen more whipsaw.
today we have gap,if news not comes 99% must fill (today company's earning comes very good) if dax can break high ,will go to 15800-16000 advice= even dax go down ,becouse daily trend is very powerful + looking for buy only , dont pick sell signals =super stupid note = dax can little go down or zigzag but will continiue + trend ,dont allow 3-4 red...
NQ1! is oversold on the daily, but it's hard for me to get bullish when FDAX is doing a triple top. Basically Germany would have to break out into a new ATH for the market to gap up tomorrow and I don't see a compelling reason for that. Maybe NQ does a double bottom? Seems to me that the market should just be drifting sideways like my SPY chart, lol.
Looks to me like it wants to doubletop here before a dip. Same as ES, I'm guesinng a Mon/Tues pump.
today dax must start go down , in 3 place you must buy but trend will + ,if dax can break up trend line ,can fly up to near 16000 personaly i predict = dax today go down to 14980 fibo 61%(dax love pull back to fibo 61%) then will start new + trend to near 16000 ALERT= be carefull for pick sell on upper trend line 15250 ,dax can break it up and never pull...
this mean 80% we will see new + trend to 15800-16000 20% can go down fill gap 2 in 14650 then fly up to high if you have old sells 100% close all now , dax in way to 17000 advice=looking for buy , dont allow 2-3 red candel force you open sell(trend is super +) keep monitor AC accelator occilator (if you dont have it use stoch 5.3.3) in 30-240min chart...
Huge sell volume in Euro futures, not sure what that's all about
FDAX bounced off of oversold yesterday, still heading up. Another indication of a gap up Monday
now you can trade micro dax directly in frankfurt exchange Eurex with 500-1000$ (1 micro dax margin =200$ 1 point value=1 ) www.eurex.com if you trade big dax FDAX1!,you can use micro dax for hedge , for example when you buy 1 fdax ,if see market go dawn you can see 25 micro dax ninja trade and AMP futures and many futures broker have it ( futures dont...
dax love pullback to fibo 61%=14800 we dont pick buy above 14800 + important open gap there for dax daily analyse see FDAX1! analyse evry morning