In this video update, we take a look at the stock markets and in particular the Dax.
Price is approaching the inverse head and shoulders neckline once again where price could
find support. Look for bullish price action here for a long opportunity into the daily lows.
The German DAX 30 has is soon reaching a decision point in its correction. It closed up half up Thursday at half a percent before drying up friday with a small +0.03% gain. After it’s the completion of the inverse head & shoulders pattern, I believe we can now see a completed Bear Flag Pattern coupled with a double top. Analyst believes the positive news of...
A H&S pattern may be in the making for this index.
Momentum is waning with the current impulsive uptrend, and price looks to correct towards the longer time frame MA's.
A short trade can be considered , as charted , considering a stopped out position just above a potential right shoulder.
The targets could be the monthly S1 and S2 pivots, the latter providing...
Dax has opened on monday morning with a expected pullback Move, but how far will it retrace or will it go sideways?
Daily stoch and daily RSI are telling us since many days that past uprun is running into exhaustion as the oscillators are turning down starting to leave high levels.
We have major key levels that we can easily watch and manage our Risk From...
Greetings to you,
Thanks for taking the time to read my thoughts and views. I don't post often, but when i do, my timing is random.
As part of my normal weekend review and analysis, i thought i would share an idea regarding the DAX (for what it is worth).
i think we may have some possible indications of future downside with the DAX. To me, the DAX was very...