DAX Futures trade ideas

hungry_hippo Updated 

Overbought on RSI with MFI divergence. Bearish for Monday, and China looks like it reversed as well.

hungry_hippo

Hit overbought on RSI and MFI. There's always a chance it breaks out to a new ATH like last time (see highlighted area), but this could be a double top. I mean it all makes sense for Germany to break out while it's in an official recession, right? LOL, crazy market.

hungry_hippo

RSI overbought, MFI is ot there yet. Looks to me like it wants to double top because recession is apparently good for German economy. I have no idea why the European market is so disconnected with reality. Anyways, I'm not just spouting recession, they are technically in one, in fact the whole Eurozone is. www.cnbc.com

hungry_hippo

Indicators are neutral but chart pattern looks bullish. Looks to me like they want to hit a new ATH again while in a confirmed recession. This market doesn't make much sense but Europe is full out ridiculous.

luckyFalcon55892

Week open: Short till 6.13. 2AM Long 6.13. 2AM till 6.14 8:00 PM Short 6.14 8:00 PM till 6.16 3:00 PM No stoploss, just time based trades

luckyFalcon55892 Updated 

Dax forecast. Time based, no price levels. 30min bar data FDAX Spectrum patterns 205bars move

hungry_hippo

3 hr indicators show nothing, but MFI is about to hit oversold on the daily. Probably next week. Probably gonna set a new ATH while in a recession. Crazy.

Soufian_toutouh

We have a strong buy signal, so it may be a good idea to take advantage of it

hungry_hippo

FDAX still isn;t oversold. I think I'm gonna wait to go long.

hungry_hippo

Trying to figure out who's still buying into this BS rally, it looks like it might be the Euros, FDAX MFI needs to hit overbought. So possibly another gap up tomorrow even if the market goes down today. Snagged a few BUD puts this morning, just holding that. Got whipsawed out of my XLF puts but I might get another chance at it tomorrow, lol. Note: I don;t...

hungry_hippo

Today's morning pump was brought to you by the Euros because their market was oversold. PCE numbers came in high but the algos don't care.... I don't expect FDAX to bounce up to the top, GERMANY IS IN AN OFFICIAL RECESSION! I predicted it all year, and it happened yet somehow their market is at ATH which is crazy AF. One of the most absurd things I've ever...

SignalProvider

Please, check our technical outlook for FDAX1!. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 15846. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 16115 level. P.S Please, note that an...

ramin_trader2006

gap comes from cash DAX INDEX ALERT= Trade DAX,index need minimum 5 year demo practice if you dont have experience, stay away from index

hungry_hippo

Oversold on both RSI and MFI, dropped the whole BS pump. I think this drop is more about FDAX hitting ATH than it is about debt ceiling, why else would Europe be tanking?

hungry_hippo

No longer overbought but looks awful bearish. Interesting that DAX went down, and the US indices are gonna open flat (small caps green). Strange.

hungry_hippo Updated 

FDAX broke out to new all time high despite the lack of any good news. Europe is acting super strange, overbought on RSI and MFI but not sure that even matters, lol. Expecting a gap up Monday because fundamentals and indicators apparently don't matter anymore, lol. (Yes, the indicators show Europe should go down and US should gap down, but the Euros don't seem to care.)

hungry_hippo

Looks like MFI is headed towards overbought. Maybe it retests ATH. Pretty bullish for the gap tomorrow (for US indices). I'm not planning on going long though.