2025/02/24 - 9th Calendar Week
Daily 4XSetUps - Relaxed Doji Today After 2 Bearish Trading Days
“two bearish trading days with -0.99% and/or -1.79% still pressing!
what is important? remain bullish? become bearish? whats next?”
The victory of the conservative CDU in the federal election fueled hope for an economic recovery in Germany and boosted the MDax
“Remember the 80/20 Rule and know what the key 20 percent is. The 80/20 Rule states that you get 80 percent of the value out of something from 20 percent of the information or effort. (It’s also true that you’re likely to exert 80 percent of your effort getting the final 20 percent of value.) Understanding this rule saves you from getting bogged down in unnecessary detail once you’ve gotten most of the learning you need to make a good decision.”
Ray Dalio
45227 : 2025/01/31 - Annual High 2025
45176 : 2024/12/04 - Annual High 2024
44292 : 2025/02/24 - SMA Cross: Mean
43965 : 2024/11/06 - Trump Election Day High
43623 : 2025/02/24 - SMA Cross: Plot
43535 : 2025/02/24 - last price action
42416 : 2024/11/06 - Trump Election Day Low
41967 : 2025/01/13 - Annual Low 2025
41873 : 2024/10/31 - October 2024 Low
41791 : 2024/11/04 - November 2024 Low
37463 : 2024/04/19 - Annual Low 2024
Today we had a relatively relaxed trading day - which logically ended with a Doji. Which shouldn't be taken too negatively after the two bad bearish selling days. Because -0.99% and/or -1.79% on two following days were and are not common in the current uptrend channel that still exists. So we'll just wait and see. And let us today concentrate on the SMA Cross indicator - which is a trend-following indicator (set within 65 days, i.e. a quarter and or even 20 days, even a month). Because that was a good benchmark, at least during the current upward trend. Why? Because in retrospect, if the price action was below that - at least in the last 3 cases - sooner and/or later we had a trend reversal formation. And traders and/or investors then sent the price action after to new temporary highs. A guarantee today? Of course not! But a good indicator. How long will bulls and/or bears fight below the 44292 points & 43623 points? I don't know that! Today we closed at 43535 points. Not even whether we will see price action above again!? But I assume so - because this long YM1! is also based on that formulated.
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50000 : 2025/12/31 - Target Price
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43681 : 2025/01/21 - Entry Price
43535 : 2025/02/24 - last price action
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40000 - 2025/12/31 - Stop Price
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Have a good time
- regardless of the price action!
Aaron
“daily 4XSetUps - …” is pure information material!
By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in
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Disclaimer
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.