#202544 - priceactiontds - weekly update - dax futures Good Evening and I hope you are well.
comment: Monthly chart tells you that this market has not moved anywhere since May. 5 consecutive monthly doji’s and 3 consecutive bearish ones at that. Doesn’t matter one bit until we get a daily close below 23k again. I have written it before. German GDP is l
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#202545 - priceactiontds - weekly update - dax futuresGood Evening and I hope you are well.
comment: We can only sell-off for good if we leave behind a big gap. Every new low is heavily bought and gaps close. It’s a weak bear channel where the upper channel line is around 24150 and the lower one at 23500. Any long closer to 23500 is good but I think w
FDAX Update (what's gonna cause the gap down next week)Futures trade in the same direction as the market that's open, Europe went down, which is why the market sold off this morning. It moved up after European markets closed.
I'm expecting a gap down Monday, apparently so were other people based on the EOD selloff.
I closed my long positions in the m
#202543 - priceactiontds - weekly update - dax
Good Evening and I hope you are well.
comment: Not much to say. Many months in the same trading range and we are in the middle of it. Not making more out of this than it is, market is in balance around 24300. Fade the extremes until we get better follow-through to either side. I do think 24600+ is
Fake-out of the triangle provided a long setupThis morning, we saw a clean fakeout of the triangle into the anchored VWAP from the all-time high, which provided a solid short opportunity.
Now, EUREX:FDAX1! is figthing to stay within the value area and ultimately push toward new all-time highs. However, there is significant resistance above, s
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.









