ZigaZaga

ZigaZaga

Many know about a day's opening range. This is the year's opening range as presented by Mark Fisher of "The Logical Trader" fame. It's a very wide range in grey as neutral territory and you'd need a long stop to go long. But to go short it would have to break support, and it's a long way off.

ZigaZaga

Outperforming its DAX (German 30) index with huge recent spikes and opening gaps. A chance to diversify into German bricks and mortar? It's more solid than any ethereals. This one dislodged Lufthansa in the index. Deutsche Wohnen Company Deutsche Wohnen SE is a German property company, and one of the 30 companies that compose the DAX index. The position in the...

ZigaZaga

I've tidied up the chart - all kinds of significant signals. Who's to say it won't go back to its previous ATH? Doesn't even have to. Long term hold or short term long? May not be too late for pyramiding in... This came up a significant outperformer of its significant index - the DAX or German 30. Could be good to diversify into one of the world's most...

ZigaZaga

We look at the DAX constituents. We pay attention to the most bullish constituents that buck the trend - firms that go up when the index itself goes down. Etc. So we have plenty of bullish signals on multiple time-frames - and that green triangle projection is back to its all-time heights. This may be great for both a short time long trade or a good long term...

ZigaZaga

Is Deutsche Bank on cusp of reversal. Diversify with DAX! Big bullish signs. It may well be still cheap!

ZigaZaga

Good Signals. Momentum on the monthly, many significant levels and breakouts out and up thru significant levels. Will it come back to it's all-time highs?

ZigaZaga

lomg bmw best diversification ever.

ZigaZaga

You've hear of them? I'm going through the DAX constituents right now. Could be a good diversification for some. what else would you buy in Europe? Lolz. I can't remember the div yield - it's all good, though. is tangible. very tangible. Do own research but the signals are all good so far - 200 sma cross on the monthly etc.

ZigaZaga

If the markets are cyclical in nature, then this simple projection could be interesting. Just noticed the touchpoint right now right on the line. www.rt.com etc.

ZigaZaga

148 is a significant former resistance level and breaking from top trendline again. Short upon further confirmation.

ZigaZaga

The "One look" averages have crossed, the price is above thick twisted cloud. Having missed those signals, now waiting for another long trade to present itself. 66.** is a significant former level, now likely support - reason for ignoring today's short signals at London open.

ZigaZaga

A massive drop in London this morning may indicate beginning of retracement to previous significant levels. Fib applied to this year's range.

ZigaZaga

This caught my eye as the weakest Dow performer today. It's broken support set by the year's opening range + numerous other sell signs. See arrow projection for possible downside trade.

ZigaZaga

Clear signals to short?

ZigaZaga

6k and 8k obviously the levels to watch now. But who knows what can happen. How realistic is unrealistic anyway?

ZigaZaga

May have tested support just now and going to stabilise at the old trend line around 17.5k by next summer. Near term watch those how quickly it's going to get to either 6 or 8k. Long term... Either the underling currency proves itself resilient and finds fair value between 8 and 20. Or else... emp attack... a new silk road... whatever... :-)

ZigaZaga

6 and 8 now the levels to watch for confirmation either way. this merely presents a possible return to old trend lines at a probable future level. barring an event such as a new silk road or whatever...

ZigaZaga Updated 

Who's to say it won't go to 60 as quickly as it went to 50? here's a longer term view. i know the trendlines should have proper touchpoints, I still think mine is a valid interpretation. now with added zigzag for elliott fans :-)