christian.langfors

christian.langfors

DAX soft support at 13800. If it manages to hold today and tomorrow, start looking at next target around 15000 - possible to hit before end of December 2022. GL and Merry Christmas!

christian.langfors

DAX intraday price movement has been strong at beginning of October and currently, I would guess that this move is going to have "legs" and we should see atleast 13160 and possible 14200 before close of month. Volatility is still high and this could just be a short cover rally, time will tell. Be careful and GL!

christian.langfors

Strong price moves currently and likely will see higher volatility incoming 5 trading days also. Plenty of dark clouds hanging over the market right now but still guessing on a sideways or somekind of a corrective move incoming week 40. 1. Still need to put in a lower low to kill off some tight long stops 2. Still might need a short cover event for a more...

christian.langfors

DAX hit the expected target or close enough. Next week will be political due to war in Ukraine (God bless them!). However, expecting a rebound at Monday/Tuesday and then a test of Thursday highs. We're currently in high volatility markets and that is when animalities occur, not par of normal distribution. That is, be cautious if you play now! 10% drops CAN occur...

christian.langfors

DAX is now at an important level; 1) There is a double bottom scenario in play or 2) Will this bearish push have legs and more on the down side So let's try to draw some up some scenarios, some expectations for trading plans. 1) Today and tomorrow, I'm expecting lower volatility and perhaps a push up around 0,5% -ish or so 2) Expect false break outs, stops right...

christian.langfors

DAX quick speculative short open, target 13200 and stop 13400

christian.langfors

DAX finished week with a strong push upwards. Today 12.09.2022 and tomorrow 13.09.2022 should most likely trade inside that colored box GL!

christian.langfors

DAX should find support around this level. If we go down below 12850, I'd be careful since that would void the short term bull trend and show that bears are still in control

christian.langfors Updated 

My guesstimate is, that DAX will try a push for 13200 incoming 7 trading days. Trend is still though down and I guess more down side action to come.

christian.langfors

So pick your trend lines... Tesla below its 4H MA20 and that has been a heads up previously. Probably not this time since this stock is not following rules and a P/E of 700 is no problems, m'kay.

christian.langfors

I think AAPL is beginning a topping process, atleast the pattern is changing so let's see...

christian.langfors

The short term trend is down in my definition. However, yesterday price action should be considered as bulls wanting to build a bottom in 12350 -area. If they however fail, expect next leg down to be more volatile and bottom out no earlier than around 12150.

christian.langfors

It is kinda early yet but this pattern on monthly is beginning to look a tad weak. Note also the RSI. Will be interesting to see how this folds out, currently I'm very suspicious both for the short term and also regarding the rest of this year.

christian.langfors

Seems to me that SPX could be in the ending phase of building a short term top. Yesterday low level to watch now, will it hold or give in.

christian.langfors

Although DAX will put in a ugly weekly red candle (unless sharp rebound today), and on a mid term time frame, I estimate we test 10500 again, the short term rebound (today/monday) is likely. 1) We are outside of 1h regression channel that is somewhat rising still 2) First pullback is usually bought buy "late-to-the-party" dip buyers (that will get burned next...

christian.langfors

DAX rejected 11350 and now IMHO on its way to test 10500 again (which I furthermore guess will not hold but let's see once and IF it gets there). Will it go straight down next week or will it do a small range week, don't really know but this is a ugly weekly candlestick that is far from bullish. GL!

christian.langfors

Todays best estimate is that we trade range, pullback to 11300 likely

christian.langfors

DAX currently at important level, if it gives in, next target ~11800-ish.