Given the rise of uncertainty in Europe and in the world(elections, rise of COVID cases and possible quarantine measures by European countries), we should see a DAX correction coming in the next few weeks.
Still, I believe that we will see a one last push to 12800 and maybe even 12935 at the start of the next week before we'll go down in the first few weeks of...
in sep2008 with Lehman brothers(bank) bankurapcy news,market crash
if you see before big crash comes , we have smal crash
when 2009 start + Obama comes ,market start grow
blue=germany dax fut (it goes down to reach 4000 point )
green=us 10 year bond fut
secret=index market main trend is + ,if crash they undo back and grow ,for this. big...
Although accounting for a ~+2% currency advantage over US indexes and for an annual +5%-6% equity (stocks) advantage over US stocks, in general,
all that means is that the DAX will sink somewhat slower/less than it's US counterparts. E.g. one should sell this - SHORT -, freely here, as well.
if low breaks , DAILY EMA200 breaks , 80% we can see crash to 10.000 then 7500 (extention fibo show 7500)
like me if you pick buy , you must put SL below low (and sellstop)
i hope this not happend and dax grow to 14000
buylimit=near 12440 sl =12300 after 40 point profit,put SL on open price then shotdown your system , and 24 hour go away
in dax fut FDAXH2021 ,,you can buy near daily Ema200 and in upper price use it for protect your up sell signal !
many dax traders buy gold to protect !!!!
if daily Ema200 break , next best buylimit is in 11400 (for hold long...
Algos buying futures this afternoon because they expect a gap up tomorrow. FDAX went oversold on MFI.
Considering MFI is oalmost overbought on ES1!, I'm expecting a pump and dump tomorrow, so gap up and tank.
i see dax will touch daily Ema200 and then fly up to 13800-14000.
secret= EMA200 in 60min , and daily is very very important in all markets , best place to inter buy,sell
check XETRA:DAX XETR:DAX 15min gap every day morning before trade
be careful from buy,,put sl in low ,market can crash (in daily chart Head Soulder pattern is active)
put buylimit above EMA200 daily. sellstop in last low. (sl= near 40)
We see near term corrective waves with a break and weekly close below 12805. This opens a move down to test the post April '20 rally into the may excess between 12100-11508.
A break and close back through the upward multi year AUG '19 sloping trend exposes a test of ATH’s with a marginal higher move for bullish establishment.
Hi guys DAX retraced back up to the price level which I wanted to see for another short opportunity. Looking at the daily chart it would however make more sense if that move plays out tomorrow. However at 4H we already have a nice signal candle in the chart.
99% of pro dax traders in big fund ,bank for find target(tp) use fibo extention(projection) not fibo raytrace , elliot wave trader must use it too
fibo raytrace good for trendy market like gold , not for zigzag market (like dax)
for more info search in youtube=fibo expantion
for load it in Metatrader, right click on draw line menu and enable it