carman

carman

DAX still waiting for trendline break. Setup for SHS pattern is possible.

carman

If we make the Fibo retracements , DAX can end up at 6000 end next year DEC 2019 after breaking the trendline. So next month will be a good moment to buy dec 2019 put options after confirmation off the trendline break.

carman

We notice very high sell volume for the DAX this month. Break off the trendline is almost there

carman

After 9 years DAX looks ready to leave the upwards channel started after the bankcrash. DAX is now on the lower border from the channel. We are waiting if there will be a pull up from that line. First support area at 11100

carman

Waiting for support at 8380 if not hold next zone 7560

carman

TINA is doing great for stocks . If you look to the past , never before the DAX get 2300 points in 3 months. Never before MACD has reach this high.in positive area. Only the crash from 2009 and 2011 we seen this before in negative MACD area. So we are waiting for Draghi next step. :) How you rehab this junky the next months Mario :)

carman

Always good to look back in time. remember this : Tiscali – Important Italian telecommunications company whose share price grew from €46 (IPO in November 1999) to €1,197 in four months. They fell to €40 afterwards in less than two months and have continued plummeting to well under 0.2 euro. [ Think Tools AG – One of the most extreme symptoms of the bubble in...

carman

DAX stay in strong uptrend making new records. Dragi his plan is working fine. There is no alternative for stocks, so everybody buy the markets higer. Uptrend from 8500 to 11400 is a big jump. Many trader burn on shorting last week. So we wait if dax is creating a big end tail now 1 big event is what we need for big correction. So staying neutral until Greece...

carman

DAX is back to the good old trendline . After Dragi talk Dax jumped back to trendline. In short time DAX must break this upward trenline again. support at 10600 , 10300 and 10000

carman

Positive or negative year for the DAX? The last trading days of 2014 will decide whether the DAX profit will make this year. In mid-December the DAX stood in the same zone of January 1st. Last week there was an uptrend that brought the DAX back to 9900 zone. DAX 2014 could be described as a Broadening Top or megaphone. DAX created higer highs and lower lows. Once...

carman

DAX is around his previous top. Technical DAX make a higer low at 9300 area and break the last lower top 9500. DAX turn bullish again. But only because Dagi talks the market higer. I not trust the current situation. Technical DAX has overbrought RSI But low oil price is not good,(-36%) is crash. High Yield Bond Funds, one of the many proxies for junk debt, is...

carman

This week DAX make his third lower top . DAX get down this week to 9200 zone. DAX could not break 9350 fibo level and 2014 early resitance zone. DAX hanging around previous 9200 level. If DAX break 9200 support , 8900 will the next keylevel. 8900 is keylevel for having a higer low (bottom) and break the bearish outlook. RSI still not oversold, if 9200 hold , DAX...

carman

DAX still going up from it's last bottom 8400. DAX make last friday after Dragi talk a top in 9400 zone. 9400 is important Fibolevel and heavy support zone early this year . By closing time DAX get support at 9200 level a previous supportzone in februari and april 2014. Dax stay still in bearisch outlook. Lower top 10000 to 9900 to 9400 now. Dax need a higher low...

carman

DAX may bounce between 9300 and 8900 zone now. Only if SP500 go higher DAX will follow

carman

After breaking 8900 important resistance zone last week DAX recover compleet from the 8400 resistance. The oversold RSI bring DAX up again. DAX had a false breakout from 8900 , and DAX return back in 8900 supportzone. The new earnings season bring good results mostly , and DAX will recover to make a positive balance for 2014. We wait for second test from the...

carman

DAX is now for second day under the very important 8900 support zone area. If DAX in the next day not return to 8900 zone , we can confirm the bearish outlook. Summarized : bear: DAX break his long trendline 2011 DAX starting making lower lows The very strong 8900 supportzone turning in heavy resistance zone. negative for bear : oversold RSI If we have a false...

carman

Dax is back to 9100 support level. fourth time in 2014 DAX is around 9100 level. DAX is bouncing in trading channel 9600 and 9100 break to 8900 and lower bring DAX in negative perspective next month's if 9100 or 8900 hold we go back to 9800 zone again

carman

DAX back down after retouch 2011 trendline. DAX break today the strong 9600 level. 9600 turn in to support ? 9500 fibo resistance and weekly pivot S2 9400 is next level SHS patern is still good 8900 important zone