DESCRIPTION: In the chart above I have provided a SEMI-MACRO ANALYSIS of PSNY where I address Current Trend, Supply & Demand, RSI & MACD.
POINTS:
1. DEVIATION stands at 1.50 Points separating given SUPPLY & DEMAND POCKETS.
2. Price Action is finally finding support above the 45 EMA (BLUE LINE) while the 200 EMA (RED LINE) looks ready to go under & CONFIRM...
GER40 - Intraday - We look to Sell at 15258 (stop at 15348)
We are trading at overbought extremes.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We look for a temporary move higher.
A lower correction is expected.
Our profit targets will be 15038 and 14988
Resistance: 15130 / 15200 / 15272
Support:...
Technically DE30 trend has reversed bullish after breaking out and printing a higher high, now looking for a good long entry price, 13333 loos juicy with an amazing RRR.
This is only valid if no major news happened.
DESCRIPTION: In the chart above I have included and brief macro analysis of the DAX a GERMAN equivalent exchange of the S&P500. Aside from the difference in point ratio the DAX and S&P500 have a special relationship in which they mirror one another usually with the DAX following the S&P500. Nevertheless the DAX in this case can be showing us a different...
DAX Weekly Volatility Analysis 9-13 Jan 2023
We can see that currently the implied volatility for this week is 2.85%
With this in mind, currently from ATR point of view we are located in the 1st percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
*For calculations, I am using the data since...
There is a break out here that could lead to a 34755 high. The US30 has been ranging and this could be a new break out for the new year.
I hope the tech companies will be rallying strong in 2023.
DAX January 2023 Volatility Analysis
Currently the volatility for DAX is at 6.28%, up from 6.13% last month.
From the volatility current percentile we are located on 57th place, and based on this we can expect the monthly candle to make the next aprox movement:
Bullish : 5.686%
Bearish : 5.885%
With this in mind we have currently 84.1% that the market is going...
GER30 (DAX) Technical Analysis: Price currently trades within a bearish flag. I’m expecting a little push to the upside to create bearish bat/double top then a heavy drop from there. Strong bearish movement was observed last week, we’re anticipating a continuation this week.
With the last couple of impulses, we can now assume that the following movements will bring the course above the 57.06€-mark. Afterwards, we expect the price to produce more significant downward trends. Falling below 41€, however, would mean that the alternatice scenario, currently equipped with a 40% chance, will be activated, pulling us directly down towards new lows.
DAX Weekly Volatility Analysis 19-23 Dec 2022
We can see that currently the implied volatility for this week is around 3%, DOWN from 3.17% from last week
With this in mind, currently from ATR point of view we are located in the 51th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish:...
GER40 - Intraday - We look to Buy at 14271 (stop at 14198)
Daily signals are mildly bullish.
20 1day EMA is at 14271.
We look to buy dips. Daily momentum has stalled and our bias is now neutral.
The 1 day moving average should provide support at 14271.
Our profit targets will be 14448 and 14498
Resistance: 14390 / 14450 / 14500
Support: 14300 / 14250 /...
DAX Weekly Volatility Analysis 12-16 Dec 2022
We can see that currently the implied volatility for this week is around 2.82%, DOWN from 2.9% last week according to DVOL data
With this in mind, currently from ATR point of view we are located in the 24th percentile,
while according to VDAX, we are on 8th percentile.
Based on this, we can expect that the current...
DAX Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.82%, down from 2.98% last week according to VDAX data
With this in mind, currently from ATR point of view we are located in the 1st percentile, while according to VDAX, we are on 1th percentile.
Based on this, we can expect that the current...
The German Dax index rose 25% from its lows in early October, delivering nine weeks of gains and outperforming US stock indices. The bullish price action has been rather sharp for a market that had a 27% decline from its top in the first nine months of the year.
In November 2022, the Dax saw overbought RSI for the first time in over a year and the index also...
DAX Weekly Forecast Analysis 28 Nov-2 Dec 2022
We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week.
According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1th percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly...
DAX Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data
(DAX Volatility Index)
With this in mind, currently from ATR point of view we are located in the 1th percentile, while according to VDAX, we are on 4th percentile.
Based on this, we can...
