sell #dax 12402 and TP1=12285 take half of your gain and try to go to fill the gap on TP2=12187 ,also when u are around 12250 made a SL at 1290 like that if he up u are safe and with gain #dax30 #germany30 #dowjones #nasdaq #cac40 #sp500 #usdjpy
for china us trade talks i am sure e are on buy THE RUMOUR AND SELL THE NEWS
he up because china us headlines but the most becuse of the wich of bce and german bank
but market fully priced it so if bce is less dovish or even not act he will go more down than my 4tp
also have 3 open lower gap
we are overbought
i real think is good timing to sell with a good ratio /risk /gain
we can take now first easy 150-200 pts but i think we will in next...
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,...
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DAX30 - Elliott Wave Outlook
Bearish Swings - Patterns:
Triple Three structure in Super-Cycle Wave (IV) (green)
W (purple) - Expanding Flat
X (purple) - Three (false break-out)
Y (purple) - Complex Flat with a Descending Triangle
X (purple) - Running Flat
We can see a clear sell option in Ger 30,why?
RSI on most time frames in hell.
Bad economy data from Germany an EU.
Open Interest rate May 2019 is at 11.500.
We see first spikes of panik buys.
-> We have US Index rise from 22% + since x-mas 2018.
This will explode :D first we correct :D
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EU Indices crashed during the second part of 2018 and these bearish sequences were successfully tracked with the analysis in the related ideas.
2019 started with a bang!During the first quarter It was unclear if stock markets worldwide indeed were to recover like that. I have to admit, I...
DAX almost completed a double top before it fell quite sharply, current price action seems like getting ready for fresh falls to test at least June lows. If you have your trading strategy, consider short setups.
What comes aroud that goes around.
500 points without retrace in Ger30 are possile since the last 4 day, but they are not real.
RSI D1 is over 80% now.
Next targets 12.909 if last wave elliot finisched on D1
If this don´t work, long to 16.-48.000 :D