Hy dear Members. Now we are here to discuss about Nas100. Nas100 is moving in a ascending channel so it has maximum Chances to go up to the Price level 13.6k Price level. As it is daily chart so it can take time to achieve this Target. Keep in touch we will update further soon .
The German DAX index has opened with a huge bearish gap. Thus, the market seems to fall below the key support level at 13452 which has been a previous resistance. Currently, the market is testing another potential support at 13022. However, if it is broken we may expect another sell-off with a potential target at a previous gap near 50 percent Fibo...
Sometimes you will find it is difficult to identify the wave structures in detail. The best way to overcome this issue is to calculate the number of waves that appear in the chart. if 7 or 11 that means the wave is a corrective wave. If 9 or 14 that means impulse wave. In DAX I found 7 waves which means the corrective wave is about to complete but there is a small...
German index DAX has broken first potential support at 13167. It has been set by the equality of the corrective movements. Currently the market is at the next potential support set by previous local lows near 13000 pts. If it is broken we may expect a larger correction with key support set by the bullish gap and by the 38,2 Fibo retracement. It could also be a...
start shorting you bunch of autists !
Hy dear Members hope you all are enjoying Good. Now we are here to discuss about NAS100 after Breaking symmetrical Triangle it stated moving up. And according our Analysis it will not stop here. It is almost going to sky level. Maximum Chances before 2021 it will Touch the Price level 13700. Keep in touch we will update further soon
The DAX index has tested first potential support at 13170 where the equality to previous correction is set. We are talking about one to one correction or running correction. It seems that only a move below this level may open the way to the next potential support set by 23,6 Fibo retracement or the bullish gap near 38,2 Fibo retracement. However, the German index...
We see here the Dax since the 1970's. At the beginnig we have a clear 5 wave impulsiv structure. At the beginning of the new Millenium this structure change to a corrective one. But at this time I could count it also as an impuls. The clearest indication for a corrective structe is the Wave from 09/2011 to 05/2014. I do my best to count this wave as an impuls but...
$DAX weekly doesnt look sustainable given the vertical moves in the past have all corrected heavily . EURUSD advance is negative for germany exports
An interesting development on DAX after the planned highs last week. We will go through what does it mean, how is this an advantage to sellers and when is it appropriate to add to the position. The same focus can be applied across the global equity board. Resistance can also be conceived with the presence of stimulus; but total restraint, which reigns from...
The German DAX index has reached the highest level since the beginning of September. The area of 13452 pts. could be a strong resistance that has stopped the bull run in the past. What is more, in recent days the market has created a shooting star candlestick pattern with relatively high volume. Now the volume seems to be falling when the market tries to stay...
EURUSD Is Moving According our Analysis from last few months. This forming bull flag Pattern and as you all can see this has Breaked that level before taking any Retesting. Now it has maximum Chances that it will target Price level 1.26 Keep in touch we will update further soon
As with all indices, since US election, Dax had a good run-up of 2000 point or almost 20%. Now the index looks like running out of fuel and a drop to 12500 is possible. I don't rule out a spike up towards 14k, but this in my opinion will be short-lived and can be used as a good entry point for sellers