I have set alerts for this The ISM manufacturing index or purchasing managers' index is considered a key indicator of the state of the U.S. economy. It indicates the level of demand for products by measuring the amount of ordering activity at the nation's factories. people are going to stop buying cars, stop spending money and demand will stop. Suppliers have...
Adidas is one of the companies which not likely go out of the market anytime soon. We are hitting massive support trend line and we have also touched covid lows. I can only imagine this is beginning of recovery. Yes, we might go lower, but if you think long term you can start inching in positions at this price and average down at the next support if we got...
Here is my view for DAX on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The US market ended the first half of 2022 with significant losses to an extend that it makes H1_2022 to the worst first half year since 1970 !!! The losses in H1_2022 are: - SP500: 20.6% - Dow Jones: 15.3% - NASDAQ: 29.5% - Russel2000: 23.9% WHAT NOW? Stock market analysis over the last five decades tells us that the average non-recession bear-market drops...
Bayer AG Short Term We look to Buy at 56.39 (stop at 54.46) Trading within a Bullish Channel formation. The medium term bias is for higher levels but intraday signals are mixed. Previous support located at 56.00. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted...
afte Breakout with force of vwap we can take sell position
Target is still possible. It is invalidated only in area 12500.
The idea of long corroborated by the bullish armonic pattern Gartley remains valid. and you, What do you think?
Looks like DAX will post a bearish monthly candle for June. Unless it makes a strong recovery, it will close below monthly support around 13,250. All the momentum indicators are still moving lower.
Hello friends, on the weekly scale we see a head and shoulders pattern (which is not confirmed yet) . The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€. A strong bearish weekly close below the "neckline" is an short signal. 🤞
..in Germany. Uniper collapses after market. Company is in talks with the German government about liquidity measures.
I believe that continental is working on a 1-2 on the 4h and also on the 1h. I will go heavily long very soon.
Daily Chart Wait a possible emerging breakout and retest of the current downtrend MACD is approaching the 0 with momentum RSI has moved from the oversold Levels. We have World Cup Football Promotion Possible emerging Right Shoulder Formation (Head and Shoulders) then retrace to existing neckline. 3 Fib level extension targets.
My trading idea for BASF - buy / LONG Entry: 51.00 EUR Target: 54.50 EUR Stop: 49.50 EUR After consolidating around the EUR 48.50 mark, the price rose steadily in the upward range. Support level confirmed. A further rise seems very likely. Since the price is currently at the upper limit of the channel, I am also speculating on a short-term setback to about EUR...
Breakout of the trendline + pull-back + rejection of the 50 average + shortness of RSI. To monitor.....
Head and shoulders already formed, we are waiting for the break of the line (or zone) of 56.25 EUR and the pull-back and we will see.
Breakout of a support with four rejections with strength (large red candle), we wait for a pull-back and we will see.
A picture is worth more than 1000 words... Zalando in the next few days or weeks...