Daily analysis and trade setups on DAX Ger30 20220809

Updated
Happy Tuesday

Macro: US Nonfarm Productivity, Unit Labor Costs

DAX not being able to hold 13680 and reach for 13780 is very ominous

The consolidation continues with no direction yet.

Line in the sand today is 13660

Buy
Break: 13640, 13760, 13840, 13860
Reversal: 13640, 13450, 13390, 13325, 13200

Sell
Break: 13650, 13550, 13460, 13400
Reversal: 13775, 13840, 13875, 13930, 13975

Green Goblin levels are here >>>
snapshot

Confluence chart is here >>>
snapshot
Note
Very small range with only one reasonable move

No #setup no #trade rule applies everyday

Only 1 trade - 100 pts

#HICP #CPI day tomorrow

This how my levels published in the morning played out

snapshot
DAX Indexdax30daxanalysisGERMANY 30GER30 CFDgermany30Pivot PointsSupply and DemandSupport and Resistancetradingideastradingsignals

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