ALERT = WILD + RALLY WILL START ON DAX-DOW-NASDAQ-SP500
2 scenario possible in next 9 month
1- wide zigzag and range (30% possible) or
2-break all high and touch new all time high (60% possible ,,,on dax reach fibo 161% = 19000 and in dow above 45000)!!!!
strongly advice you 90% looking for buy in deep and hold it to high (be careful from sell and put...
Looks pretty much the same as US indices, SI and MFI close to overbought but not there yet. The problem here is that it could go overbought and head back down before Monday open, so gap direction can go either way Monday.
I made enough money this week, I don't feel compelled to hold anything over the weekend.
Gap direction has been hard to determine because FDAX is whipsawing, but it did bounce off of oversold MFI overnight, so I assume gap up tomorrow.
As I'm typing this someone pumped futures, lol.
2 place is important (2 arrow on chart)
AC INDICATOR on 4hour chart show up trend will start soon (IF last LOW NOT BREAK)
alert= weekly chart technical say dax can go to 19000 , 100% be caeul from sell(put sl on last high ) ...90% looking or buy and buy pinbar
note= trade index like dax ,nasdaq need minimum 5-7 year practice on demo ,if you dont have it pick...
IN this update we review the recent priice action in the DAX futures contract and identify the next high probability trading opportunities and price objectives for the week ahead
In this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
I told you guys yesterday that they would sell off the entire CPI pump and dump, and they did causing futures to go red. You can see the bounce, but there's also more room to the downside.
Could just be a whipsaw morning. No idea which way it goes Monday.
Hi everyone!
The main trend on DAX is bullish so if you think about a short trade, it is not possible to anticipate the market/signal so it could be interesting to wait for a first bearish leg development on intraday chart and try to take a short position using the potential technical rebound (wave B) with stop loss above wave A (Top):
If there is no...
let see pinbar on daily chart
abov e green arrow i will buy with sl=40 point for hold 7-8 day to high (in up dax can go to 15800)
alert = daxcan go to 14700 area , be carefull
good luck
FDAX RSI hit overbought with RSI divergence. They did the pump and dump on CPI numbers, 0.5% m/m inflation is NOT good news.
MFI oversold on US indices, so expecting a whipsaw day, I expect Europe to go down tomorrow, so I don't recommend holding a long position overnight. Every time there's a divergence in indicators between Europe and US, we get a whipsaw so...
Indicators are neutral but trending up. I guess this afternoon rally is an attempt to set up for a pump and dump tomorrow. No reason to rally on Powell, TLT is red and bond yields are up for basically every time frame.
The algos still need to make their money, I guess. My assumption was whipsaw until CPI next week anyways.
dax in last week go up and touch fibo 161% (see green fibo on chart ) now it can go down to 15200 area , we have important trendlines and fibo 61% there
advice = sellstop in 4hour chart last low and SL on last high + buy limit in 15200 area
if you have old sells, dont fear be patient 20-30 day ,,,near 15200 hedge your sells and never never close hedge...
MFI overbought heading into next week. Possible gap down Monday for the US market.
Don't really recommend holding a long position over the weekend in this whacked up market anyways, lol.
Powell speaks Tues premarket, no idea if he pumps or tanks the market. Stupid people are hard to predict.
If the other half of dumb (Powell) and dumber (ECB) does the same thing tomorrow morning then we're looking at new ATH for FDAX. It'll be tough to short anything for a while.
Pay attention to what FDAX does premarket because you know they dictate the morning gaps, though probably not tomorrow due to META earnings.
The German stock index DAX broke today (and so far stays ahead of the Fed) above the 4H MA50 (blue trend-line). On our last analysis two weeks ago, we pointed out that a Channel Up similar to November's would form and its break-out will deliver the next move:
As you see, the price traded exactly within that short-term Channel Up and delivered excellent...
FDAX has just been whipsawing lately, no indication of gap direction for tomorrow.
HSI hit oversold on my 3 hr though so the Asians probably follow through on this pump.
