Plot LInear Regression as much as possible horizontal, close to 0.000 With the number YOU get plot EMA, BB with 1&2 deviation and Stoch. For clues plot Ichimoku standard line and for divergence CMO or other indicators You like - settings according to your trading plan. YOU can use this system on all timeframes - on lower timeframes You must change settings more...
Middle ratio for DBA signals and also a helpfull ratio for EURUSD direction. As You see strong negative correlation with DBA. If EURO gets stronger there are still good chances that DBA will fall to new lows. Loss of 34 weekly ema would mean strong DBA rise ( watch also: &JO, $SGG, $CORN, $LC1! ... www.dbxus.com
Critical juncture here. EURJPY in blue with blue trendline. Dax on 1-hour and also on 5 min chart ((if You change the view) is diverging very negative. Any overshot could be sold at the end of the day. Green area could later act as support, near upper doted orange line good risk reward sale. Under lower doted lines saleoff could still happen. GOOD LUCK!
If this count is correct shorts could get hurt again. Watch orange lines and area.
Last monthly candles are not bullish for markets.
The perfect scenario would be higher into 3ple witching friday, then suprise washout of longs (in green weekly VSTOP 20.2) & then continuation of the trend.