I look at 10300 - 9300 area as a good zone to initiate new long position for new all time highs.
10372 is the 50% fibonacci retracement of the move from october 2014 lows to april 2015 highs.
10000 area is also the 100% fibonacci extension of the potential 3 legs decline.
I am going long here on eurusd that is testing again the 61.8% retracement level of the move from lows.
Euro is also approaching to the 100% fibo extension of the 3 legs down move from 1.1460 area..
This two levels should create a bounce at least to the first taget.
temporary top is in?
i was not able to find an entry point on this up swing from 10800 area.
i will wait for a deeper pullback (if this will be the case) in the 50/74% retracement area of the 8300 - 12400 move to buy dax again looking for new highs
TSLA is at the 50/61% retracement level from 291 highs to 185 low.
It is also overlaying the 100/123% extension level from 185 lows.
A break of the above mentioned areas will favor the idea that we are in the run for new highs...
A strong reaction to the down side could be the beginning of another leg down, maybe into the all time 50% retracement level