Hello Traders:) I expect a morning rebound after the market opens to the red line levels. Hence, I will look for an opening of shorts with targets marked with green lines. The first level of short is the upper limit of the market profile for both Thursday and Friday. This level has been tested many times. The second level of potential short play is the upper...
Hey tradomaniacs, technically we are getting a nice chance to short DAX30 as price has hit a strong resistance-zone inside the trendchannel. Fundamentals: Market only pushed up as Jerome said 0,75% hikes are not considerable. Marked enjoyed that as it would have been the only surprise that wasn`t really priced in, but a rumor or expectation by some banks....
GER40 - Intraday - We look to Sell a break of 15389 (stop at 15454) Daily signals are mildly bearish. We are trading at overbought extremes. Trend line support is located at 15460. The previous swing low is located at 15390. 50 4hour EMA is at 15420. 20 1day EMA is at 15400. A break of yesterdays low would confirm bearish momentum. Our profit targets...
GER30 - Intraday - We look to Sell at 15489 (stop at 15542) Pivot resistance is at 15520. The previous swing high is located at 15540. We look for a temporary move higher. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile....
GER30 - Intraday - We look to Sell a break of 15369 (stop at 15416) Overbought signals and exhaustion indicators offer fair reason to sell the index but we prefer to see a break of support before fading this impressive move. A higher correction is expected. Our outlook is bearish. Expect trading to remain mixed and volatile. Our profit targets will be 15241...
Little bullish correction movement for #DAX 8850 could be a good level to start selling again