Dax30long
DAX; More Upside Move ExpectedThe bulls have managed to break up the descending channel and after a few days of consolidation, the uptrend is set to continue.
I favor going long at these levels, targeting 11400 and 12400 levels in coming months.
Good luck,
Ali Sharifazadeh, CFTe
DAX inside at top in a downchannel, some bear divergence....Here aug-sept...60min.... maybe a downchannel (yellow). But also an alternative-channel (red-lines by the arrows)....some more rom to the roof there, 650.
Above todays high, 600-700... there's a zone for to be ready for a posible breakout upward...
If not, then low in the channel should be a target for the downside.....
MACD is a kind bullish, untill it cross down again....
Some bear divergence in momentum and RSI, but not sure if it is enough thoug... ?
Wait and watch for next big move now..... monitor price and such... and indikators progress.
DAX bounce at falling ATH trendline/demand zoneIf you follow xetra you know insitutionals turned BULLISH this week. That means they are looking to buy, but current price is too expensive. The dip we saw at 10250 is in a demand zone 10260-10212. DAX failed tho break through the demand zone and thus remains bullish. I am long from 10252 with a target of 10600 atleast. On monday we are looking to fill the volume vacuum left by the drop from 10366 to 10250.
SHORT DAX WITH US ELECTIONS @ 12K - maybe butterfly pattern?why not? bearish butterfly pattern is not complete but if will be completed you can short "all in"! ;-)
dax ends his correction game?with the impulsive start since the morning and a missing low under 10490 dax gives us a hint that we are not ready yet to head towards 10.000
be flexibleThe MOB at 625 got hit, which forces us into entering long, But still if we stays under 10690 a new Low under 400 is inevitable
DAX - Bullish Continuation Descending TriangleIt was a pain trading the DAX all of last week. Several candles indicated tactical bounces off important breakout supports around 10470 - 490, however the index failed to distance itself from key supports, decisively. Friday ended the week with a bullish engulfing pattern. Bigger picture, we are looking at a descending triangle pattern, which I expect to resolve higher, given the bullish backdrop since February.
DAX-30The leaders of growth among the DAX0.69% 30 index components on the basis of today's trading were the shares of Deutsche Bank AG-1.21% (DE: DBKGn), which went up by 0380 n . ( 3.07 % ) , closing at 12755 . Quotes Adidas AG (DE: ADSGN) increased by 3,750 n . ( 2.53 % ) , ending trading at 152250 . Shares of Commerzbank AG (DE: CBKG) rose at 0116 n . ( 2.05 % ) , closing at 5767 .
DAX30 DAY CHART long to 11.580 If the day candle can be close above 10.600 you should buy to TP: 11.500 - on a day chart!
This is my opinion
9330 @ Points
> 9331 Points still bullish (short-term time frame)
= 9330 Points neutral
< 9329 Points bearish (mid-term trend-resversal-formation is starting)
< 9329 Points bearish (long-term trend-resversal-formation is starting)
DAX @ 9330 Point
> 9331 Points still bullish (short-term time frame)
= 9330 Points neutral
< 9329 Points bearish (mid-term trend-resversal-formation is starting)
< 9329 Points bearish (long-term trend-resversal-formation is starting)
Brexit Week - Possible tradeNext buy area at green ballon, between February lows (8.699) and 12th February (8.967).
GER30 1H ADVANCED PATTERN FORMATIONGo long if DAX retraces to 9600. S/L below X, TP1 9850, TP2: 10000
