In the course of the day so far, a support zone seems to be forming at the lower #BouhmidiBands for the time being
$DAX - If its nice take it twice! - We had two chartbook reversals with #BouhmidiBands today. Good Start for a weekend
$DAX - Volatility is back in town. We are breaking lower #BouhmidiBands
#BouhmidiBands - After the $DAX breakout comes the reversal. Exactly at close we arrived almost back in the bandwidth. Long Reversal worked out - Trading #volatility
$DAX tested almost again the lower #BouhmidiBands - We see a slight pullback back into the bandwidth. Watch out for a possible 2nd test. Remember yesterdays chartbook reversal....
After a negative GDP for DE in Q4 (expected was a zero number), worries are coming up again. $DAX has tested like expected the lower Bouhmidi-Band and reversed back into the bandwidth
#DAX40 heading to lower #BouhmidiBand - We had everday a reversal signal in the last six days - Today as well? Want to know more about Bouhmidi-Bands? Check my Script:
Today we had a chartbook daytrading signal using the Bouhmidi-Bands. After testing the lower Bouhmidi-Band the market directly reversed to the upside into in BB-Bandwidth....
#DAX40 - Good start into the new month - Already fighting with upper #Bouhmidi-Band. We could see a small reversal around lunch time heading into bandwidth
#Update - We are testing todays upper #Bouhmidi-Band in $DAX:
#DAX - Update: $DAX has broken the lower #Bouhmidi-Band. It still more than a hour to go in #Frankfurt. We might have seen the bottom for to day and could revert as usually back in to the bandwidth.
$DAX - Opps they did it again... No chance to break the #Bouhmidi bandwidth. Again a wonderful reversal into the bandwidth. The area around the upper Band is still strong and valid even US opening could not help to push above.
#DAX - We tested today's lower #Bouhmidi-Band after we broke the short term rounding bottom. After Test of BB we moved back into bandwidth -
Today, the S&P 500 was able to make strong gains again. However, in a still uncertain environment. The probability of short-term pull-backs is high. On the one hand, the VIX is still trending above the important 50-day line and, on the other hand, the Relative Strength Index was unable to breach the 48.5 thresholds. Thus, the upward trend that began in mid-August...
The #DAX has remained in the #Bouhmidi range for 5 days in a row and has not even tried to test the frontiers. Around yesterday's upper band at ~ 12330 a short term resistance seems to form. Already on Friday, the #DAX30 failed in this region. - More to come stay tuned!