DE40 more than 1000 points down in 4 days ...sheesh
Community discussions
DE40 more than 1000 points down in 4 days ...sheesh
GER40 no move in the market today whats happend?
GER40 does anyone see the gap on mars 22-23?DE40 today will be mostly sideways chop
DE40 I longed at 210, the close of that bull following the bear. but im out here, i want to see either that entry hunted on the open and then bounce or just nice follow through above 300 with multiple bull bars (2-3) closing on their highs, otherwise im wondering if this market still wants 22600-22800 (5 min charts). I felt when i woke up ah maybe i should step away after a good NQ session in a choppy market that I managed well, but I have a sneak suspicion this market will catch bears off guard, but Im keeping an open mind of course, their are lower targets on SPX and its kind of my biggest leader. SPX losing 690-710 is 100% bear, do we see 6510 this week? also keeping in mind these markets arent always correlated, I have often seen DAX go on a major rally while NQ range bound but sometimes it means that the DAX rally is pure short covering, youd have to look at the volume profile after the day closes to see, Fridays SPX rally was 100% a short covering, so a lot to think about boys, Good luck. I need to not post here today and stay focused.
GER40 Intraday Strategy & Key Levels:
Pivot Point: 23,280 - This is our line in the sand for today's session.
Bullish Scenario (Price > 23,280):
Entry: A sustained break and hold above 23,280 could signal a long entry. Confirmation on the 15-min chart is advised.
Targets:
T1: 23,350 (Minor Resistance)
T2: 23,420 (Major Resistance, potential exhaustion point)
Stop-Loss: A tight stop at 23,240.
Bearish Scenario (Price < 23,280):
Entry:A rejection from 23,280 or a firm break below 23,200 suggests a short opportunity.
Targets:
T1: 23,150 (Primary Support)
T2: 23,080 (Secondary Support)
Stop-Loss: A stop placed at 23,320.
GER30 Big vol spike
GER40 sluggish startfor this one
GER40 hit that daily bottomGER40 ═════════════════════════════════════════════════════════════════════
CRITICAL SUPPORT & RESISTANCE LEVELS
RESISTANCE ZONES (Sell Targets):
R1: 23,920.50 (First Profit Zone - 49.4 points) | RSI 65-70 zone
R2: 23,985.75 (Intermediate Target - 114.65 points) | EMA 20 confluence
R3: 24,065.25 (Strong Resistance - 194.15 points) | Weekly pivot + Gann angle
SUPPORT ZONES (Buy Opportunities):
S1: 23,815.30 (Initial Support - 55.8 points) | 15m Bollinger Band lower band
S2: 23,745.60 (Intermediate Support - 125.5 points) | SMA 50 daily level
S3: 23,670.40 (Strong Support - 200.7 points) | Harmonic reversal node
CURRENT PRICE ACTION
Index consolidating 23,850-23,895 (45-point range). Ichimoku cloud below price on 4h = bullish bias. RSI at 54 (neutral-bullish) on 1h. Volume building = breakout directional move likely within 90 minutes. Wyckoff accumulation phase near completion.
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ENTRY & EXIT SETUPS - INTRADAY EXECUTION
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BULLISH SETUP (Optimal on 5m breakout):
ENTRY: 23,895.75 (Break above consolidation high + candle close confirmation)
STOP LOSS: 23,835.00 (Beneath S1 by 0.30 risk)
TARGET 1: 23,920.50 (24.75 points) | Scale 50% profits
TARGET 2: 23,985.75 (90 points) | Scale 30% profits
TARGET 3: 24,065.25 (170 points) | Hold 20% to runner with trailing stop at 24,020
RISK/REWARD: 1:5.3 ratio | Risk 60.75 to win 325.75
BEARISH SETUP (Optimal on 1h rejection):
ENTRY: 23,825.40 (Break below consolidation low + rejection candle)
STOP LOSS: 23,895.00 (Above R1 by 0.30 risk)
TARGET 1: 23,815.30 (10.1 points) | Scale 50% profits
TARGET 2: 23,745.60 (79.8 points) | Scale 30% profits
TARGET 3: 23,670.40 (154.8 points) | Hold 20% with trailing stop at 23,700
RISK/REWARD: 1:2.4 ratio | Risk 69.60 to win 169.60
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