DAX daily, looks like a SELL now, cornered up rising wedge... futures over night, also show it now, before Europe opens...
Apple announced a profit warning some hours ago, no surprice, do to lockdown in China jan/febr....
Bear dvg in several indicators, in higher TF...
Apple announced a profit warning some hours ago, no surprice, do to lockdown in China jan/febr....
Bear dvg in several indicators, in higher TF...
Note
In futures, it looks like this... still several options in the morning..Note
Structure looks like a corrective abc up, then normal it should turn to downside again >> C Note
Is it down into wave 3 (iii) no..to lower 600. ? Double top now at 13750.Note
200p drop , will 575 hold now ? Massive double-head HEAD... :)Note
Not sure yet, if this low holds, could be lower o.c. , but IF we could find some evidence today... ? It has made a 5 wave down, so perhaps another bulltrap ABC up, next week ?Note
In 30min xtra looks like a HS top-formation now, w a smaller right shoulder. US will decide if this will break down or not....Note
Agressive selling...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.