NAS100 [US100] Daily Outlook | July 27Hi all,
Am totally sell biased today. WHY?
Short Term:
1, Unless H1 price bar closes above 12305.14, then i may decide to take long positions with targets at 12357.34 and 12446.72
2, One out of 2 of my favorite plays (wick fill) is strongly brewing on D1 time frame. H1 break and closure below 12244.15 will trigger some price movement, hence shorting to 12172.69, 12077.52, 11992.37 and finally 11882.52 (these points are your partial closure guidance)
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Pairs: EURUSD/NAS100/GER30
Kings...
Dax30
Daily analysis and trade setups on DAX Ger30 20220726It's all CHOP CHOP CHOP with DAX for the last 3 days.
Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow
I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440.
Yesterday's levels are still in play i.e. Blue B and Brown B
Buy
Breaks: 13350, 13440
Reversals: 13100, 12970, 12920, 12830, 12790
Sell
Breaks: 13100, 12990, 12920
Reversals: 13350, 13440, 13600, 13840
For more precise levels, here is the Green Goblins chart >>
Confluence levels are here >>
Jamie Gun2Head idea - Buying DAXTrade Idea: Buying DAX
Reasoning: Dax had a nice move higher, following a consolidation we are looking for a move back to resistance.
Entry Level: 13165
Take Profit Level: 13337
Stop Loss: 13117
Risk/Reward: 3.58:1
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.
Daily analysis and trade setups on DAX Ger30 20220725Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.
Macro movers: Germany business climate index
For immediate direction, as far as it remains above 13100, it is in bullish zone.
Blue zones C and B are also in play.
Buy
Breaks: 13225, 13270, 13350,
Reversals: 13100, 12990, 12900, 12830, 12750, 12670, 12620
Sell
Breaks: 13080,12970, 12920, 12850
Reversals: 13370, 13440, 13480, 13550, 13600
For more precise levels, here is the Green Goblins chart >>
www.tradingview.com
Confluence levels are here >>
DAX Index, Buy from level. GER30Hello my friends, Everything is clear on the chart for you like always. We have a W pattern at support zone so I expect a long leg to resistance zone. So monitor the price's action in the circles.
Good luck.
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DAX40 Trend Update for today: 22nd July Yesterday, when the European session began, it became clear that the day would be tumultuous for the EUGERMANY40. The bulls had the upper hand at the start of the session, but after the index reached the levels of 13353, an aggressive correction started. The German index returned to the area between 13185 and 13353 after support was located there. The bear attack was convincing and succeeded in pushing prices as far as 13095.
Daily analysis and trade setups on DAX Ger30 20220722DAX is likely to consolidate today. However, PMI data might change that and make it directional
Blue zones B, C and mega zone Brown B are in play today.
Break below 13100 can drop DAX to 12800 and below
Break above 13300 can take DAX to 13600 and above
Buy
Breaks: 13220, 13270, 13350, 13450
Reversals: 13050, 12960, 12900, 12820, 12700
Sell
Breaks: 13160, 13100, 12990, 12925. 12825
Reversals: 13270, 13380, 13475, 13630
Chart with Green Goblin levels >>>
Daily analysis and trade setups on DAX Ger30 20220721Mega zone Brown B is in play today
Price action may remain in a tight range around 13300 till ECB decision at 12:15
Outlook still remains cautious bullish with Gandalf Line at 13600
Buy levels:
Reversals >> 13200, 13050, 12970, 12920
B/O >> 13300, 13460, 13600
Sell levels
Reversals >> 13850, 13600, 13470, 13300
B/O >> 13190, 13040, 12930
Detailed Chart >>
NAS100 [US100] Daily Outlook | July 15Long Term Outlook:
Looking at NAS100 Daily TF, the instrument remains bearish until 12949.00 level is broken. I see a trend-line joining 13500, 12949 and 12175 indicating that price may yet see 11163 area with enough volume .
Short Term Outlook:
a. Market is ranging between 11843 and 11773 zones, 1HR break and closure above 11843 zone could drive price to test 11997 area with partials closure at 11930.66.
b. On the other hand, the break and closure of 1HR price bar below 11773 zone, we may yet see a dip down to 11538 with partials closure at 11625 zone.
Let me know what you think in the comment section.
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-Kings
The dax might continue falling on CPI numbers today.Dax / 1H
Hello traders, welcome back to another market breakdown.
The German Dax index has been trading in a down trend. The price started showing weakness after a pull back.
Please checkout the chart for what I'll be waiting for before opining a swing trade down.
Trade safe,
Trader Leo.
DE30 11th JULY 2022DE 30 is considered a strong measure of German and European economic health.
German regulators put that collapse down to fears for the country's economy in the face of curbs in the supply of Russian gas that underpins industry, said one person with knowledge of the matter. Germany could be opening a bleak chapter. Although it held up better than the euro area as a whole during the pandemic in 2020, its economy did not rebound as strongly as the bloc in 2021 and is expected to lag this year. Globalisation, just-in-time supply chains and cheap energy from Russia - those are things that are changing and they are changing for good.
DAX with a clear bearish trendThe DAX is in a clear bearish trend and there seems little that can support the idea of upside, one bullish thought might be the fact that the EUR is weak and that could help with exports for the German industry, but with inflation being so high globally and supply chains being so disrupted I highly doubt this will help the German industry generate an income since so many of their companies are on the verge of a shutdown...
The image in Germany is not pretty and as it seems we will only continue to face further problems.
Price action is king right? Well if we take a look at this weekly chart all I see is reasons to sell... like... hell!
Constant lower lows since the H&S pattern formed at the ATH, a clear rejection of a reversal at that double top which formed at the end of May and a new weekly low followed right after that rejection.
It seems for now that we are heading towards the 11650 zone for the DAX.
Swing Trading Setup For The DAX 30 – Falling Wedge PatternHi Traders,
Having a look at the DAX30 on the Daily.
We see a potential falling wedge with accompanied divergence across the MACD.
I would like to see a break and retest of this pattern before jumping in.
This is the daily time frame so this would be quite a long swing position.
It's all about patience haha.
Let's see how it plays out.
My target would be previous daily resistance.
Enjoy your Monday!
The Vortex Trader
Joe Gun2Head Trade - DAX Stalling into resistanceTrade Idea: Selling DAX
Reasoning: DAX Stalling into 38.2% Fibonacci resistance
Entry Level: 12866
Take Profit Level: 12616
Stop Loss: 12970
Risk/Reward: 2.43:1
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.