S & P 500 idea (01/11/2022)We also expect the wave ((z)) to end and ended in a simple pattern and we expect the rise in the coming period since the prices are above the decisive point 3486.96, (x)) at the prices of 4325, at that time the end of the wave ((z)) and the beginning of the rise to achieve a new high,
Dax30
ger30 hasorderger30 has block order , on 4h timeframe . and its near to touch . lets watch and get decision about pos .
DAX Weekly Volatility Forecast 31/10 - 04/11 2022 DAX Weekly Volatility Forecast 31/10 - 04/11 2022
Currently the volatility for this week is around 3.82% , up from expected 2.7% last week.
According to ATR calculation, currently the volatility is located around 50th percentile.
Under this circumstances the expected movement of the candle is :
BEAR : 2.49% from the opening point of the weekly candle
BULL : 1.84% from the opening point of the weekly candle
At the same time, currently there is 20.2% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 13617
BOT: 12891
Lastly, taking into account the previous weekly high and low there is a :
75% chance that we are going to touch the previous week high
25% chance that we are going to touch the previous week low
DAX Breakout or Breakdown?The DAX has rallied significantly since the end of September after touching a major support range at 11,550 - 11,850 - the area that price bottomed in November of 2020
It is now pressuring the downtrend extending from the yearly highs and could be poised to break higher
A convincing close above downtrend resistance would provide a great buying opportunity with near-term targets at 13,570 and 13,950
However, if trend resistance holds firm, a continued downside push looks likely, with a great opportunity to sell and chase price back to yearly lows
Bullish technical conditions Looking ahead - ECB interest rate decision tomorrow
Tomorrow: 12:15 GMT European Central Bank (ECB) meeting takes place where a +0.75% (75 basis point) increase is expected
Market movers:
German DAX testing resistance opening up the potential for a further upside advance?
DAX Index: Bullish technical conditions in the very short-term following the reversal from the 11,829 low, the reversal signals the index may have entered a “corrective” cycle and if proven true places 13,144 at key resistance and 13,721 as prospective upside targets for longs with stops at 12,893.
Not investment advice. Past performance is not indicative of future results.
DAX 4hour : dax can reach 14500 , be careful from sellin coming hour dax little must go down but trend will remain up
in my idea when pinbar come pick buy and hold it 7-8 day to minimum EMA200 daily 13500
only under red allow we must pick sell after pinbar comes on 1hour or 4hour or daily chart
good luck
ger30 done for reverswe have triangle on reversal pos . revers will take 4 high . 3 of them had done . we have order on block order near 13100. lets watch results.
DAX30 Short signalConsidering the price is going down from the breakout of lower highs, we are looking for short positions. Therefore, we can search for price action indicators such as the Fibonnacci retracement. The key level of 50% will be reached at the zone. Multiple price indicators show that the zone traced will induce a retracement especially a lower price from an old candle.
On lower timeframes the price retested the resistance but we expect it to come back during the day.
DAX 30 channel stronger than breakout patternAs I mentioned earlier, Larger Channels are generally stronger than breakout patterns. The DAX 30 has been in a strong downtrend since 5 Jan which isn't slowing down any time soon. We can expect another bounce to around 13,064 before it turns down and makes new yearly lows to around 11,620. Thank you for the trading analysis suggestion, let me know if you need anything else
S & P 500 idea (05/10/2022)Standard & Poor's 500
The index has become bullish in the medium term and the end of the decline in wave ((z)) at prices of 3584.26 and the beginning of the rise in the coming period to achieve a new top, but this rise depends on trading remaining above the decisive point 3584.26,
DAX 2 Possible scenarios for this weekDont be fooled, DAX went up 800 points in 3 days, no pullback befor continuation up would be more than surprise in these world conditions. Daily support level is at 450 area.
MAJOR INDICES in USD / WORLD GDPFormula: (Major Indices/USDxxx)/World GDP (Gross Domestic Product)
Indices: USA, Germany, Japan, UK, China. (all converted to USD)
After the 2008-2009 bottom, USA performed much better than other countries. So, what's next? We can expect other countries to perform better even a bit from now on. But that dosen't mean that the stock markets will rise. It's a bit confusing, because there are high differences between them, as seen. If we focus on USA, we can say that the stock market is expensive. But others don't tell the same. We will see...
Joe Gun2Head Trade - More pain for DAX?Trade Idea: Selling DAX
Reasoning: More pain on the German Index? Approaching month end, could we see a fresh flurry of selling?
Entry Level: 11980
Take Profit Level: 11332
Stop Loss: 12201
Risk/Reward: 2.9:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.