GER40 - Intraday - We look to Sell at 14093 (stop at 14204)
Daily signals are bearish.
Trend line resistance is located at 14100.
Bespoke resistance is located at 14100.
14094 has been pivotal.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Our profit targets will be 13808 and 13738
Resistance: 14000 /...
GER40 - Intraday - We look to Sell a break of 14197 (stop at 14294)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Previous support at 14300 now becomes resistance.
A break of the recent low at 14220 should result in a further move lower.
Our profit targets will be 13951 and 13901
Resistance: 14400 /...
GER40 - Intraday - We look to Sell at 13749 (stop at 13841)
Our bespoke support of 13800 has been clearly broken.
Previous support at 13800 now becomes resistance.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Our profit targets will be 13505 and 13455
Resistance: 13500 / 13600 / 13800
Support:...
GER40 - Intraday - We look to Sell at 13028 (stop at 13153)
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
GER40 - Intraday - We look to Sell at 14078 (stop at 14191)
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets...
GER40 - Intraday - We look to Sell at 13969 (stop at 14101)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 13900.
We look for a temporary move higher.
Our profit targets will be 13626 and 13536
Resistance: 13950 / 14100 /...
if you have buy , dont panic , trend will + up soon , today pullback is normal (AC accelator occilator 4hour is red)
+ up trend will start soon (if big bad news not come)
advice = looking for buy with low size and SL = today low (last low) and wait 7-8 day minimum to fibo 61%=14800
personaly i will keep my buy to 16000 (can take 2 month) in weekly chart...
dax touch 12500 powerfull support (see weekly chart) now it must going fill friday gap
pick low size buy (per 1000$ balance 0.01 lot or 10$) with SL in pinbar low (after 80 point profit,move sl to open price, then let it go up)
please dont close your buy soon , dax after zigzag and minicrash can back to 16000 !!!!!!
personaly i want hold my buy near 2-3...
This is a fractal from the past. DAX's current Bearish Megaphone pattern resembles that of June - October 2014. In fact the whole price action from the February 2020 collapse due to the COVID outbreak, is similar to the July 2011 - October 2014 sequence.
See how all major formations align almost perfectly between the two: Death and Golden Crosses on the 1D...
GER40 - Intraday - We look to Sell at 15348 (stop at 15421)
Daily signals are bearish.
Our short term bias remains negative.
Trend line resistance is located at 15360.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 15166 and...
GER40 - Intraday - We look to Sell at 15448 (stop at 15521)
Daily signals are bearish.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
A shooting star has been posted as prices reject the higher levels.
Our profit targets will be 15261 and 15211
Resistance: 15300 / 15400 / 15500
Support: 15250 / 15150 / 15000
GER40 - Intraday - We look to Buy at 15061 (stop at 14984)
The previous swing low is located at 15056.
15056 has been pivotal.
We have a 78.6% Fibonacci pullback level of 15029 from 15737 to 14836.
Support is located at 15050 and should stem dips to this area.
Our profit targets will be 15255 and 15295
Resistance: 15200 / 15300 / 15400
Support: 15100 /...
GER40 - Intraday - We look to Buy at 15185 (stop at 15105)
The previous swing low is located at 15056.
The trend of higher lows is located at 15180.
We have a 61.8% Fibonacci pullback level of 15185 from 15737 to 14836.
We look to buy dips.
Our profit targets will be 15415 and 15475
Resistance: 15400 / 15500 / 15600
Support: 15300 / 15180 / 15050
DAX is testing today the 1D MA50 (blue trend-line) for the first time since February 02, where it failed to make a close above (despite breaking it intraday) and got rejected. On the long-term we see that the 14,810 Support has held on 5 tests since May 2021, and up until the January 05 2022 Double Top, we've had Higher Highs. The long-term trend thus remains...
GER40 - Intraday - We look to Sell at 15522 (stop at 15597)
Daily signals are bearish.
We look for a temporary move higher.
15583 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 15311 and 15261
Resistance: 15400 / 15500 / 15600
Support: 15300 / 15200 / 15100
