GER40 Sell the 20 EMA.GER40 - Intraday - We look to Sell at 13028 (stop at 13153)
Daily signals are bearish.
Rallies continue to attract sellers.
Price action produced another negative day, yesterday.
Preferred trade is to sell into rallies. 20 4hour EMA is at 13060.
Our profit targets will be 12707 and 12627
Resistance: 12700 / 12850 / 13000
Support: 12600 / 12430 / 12200
Dax40short
GER40 Sell into a rally.GER40 - Intraday - We look to Sell at 14078 (stop at 14191)
Daily signals are bearish.
Bespoke resistance is located at 14100.
Trading close to the psychological 14000 level.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 1day EMA is at 14000.
Our profit targets will be 13802 and 13702
Resistance: 14000 / 14100 / 14200
Support: 13800 / 13600 / 13300
GER40 Sell the resistance.GER40 - Intraday - We look to Sell at 13969 (stop at 14101)
Daily signals are bearish.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
20 1day EMA is at 13900.
We look for a temporary move higher.
Our profit targets will be 13626 and 13536
Resistance: 13950 / 14100 / 14300
Support: 13700 / 13500 / 13300
Dax40 Short trade ideaLooking at the previous weeks gap up close a second time which looks like the same is playing out this week. if price can close below 12910.00 it might go down a little bit more. price is rejecting also where it rejected yesterday.
the strong move up before the drop was some divergence i saw on awesome oscillator.
let me know what you think of my analysis.
not financial advice.
have a great day happy trading.
GER40 Sell the trend of lower highs.GER40 - Intraday - We look to Sell at 15348 (stop at 15421)
Daily signals are bearish.
Our short term bias remains negative.
Trend line resistance is located at 15360.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 15166 and 15116
Resistance: 15150 / 15200 / 15300
Support: 15100 / 15050 / 15000
DAX 40: Bearish Pin Bar| 20-2-2022DAX 40: Bearish Pin Bar Signal
Price Action: Price formed a Giant Bearish Pin Bar Signal just under the 15355 – 15486 short-term resistance area, late last week.
Price briefly moved higher from the recent Bullish Pin Bar Signal that had formed, early last week, but didn’t follow through (We did not consider trading this signal as this market is forming lower lows within the short-term Bearish trend and the market is at risk of breaking below the 14830 – 14913 key support area).
Potential Trade Idea: We are considering selling on a retracement higher to within the range of the current Bearish Pin Bar Signal, with wide risk management well above the high of Tailed Bar Signal.
DAX40 Sell the Previous Swing High.GER40 - Intraday - We look to Sell at 15697 (stop at 15781)
Daily signals are bearish.
The previous swing high is located at 15737.
15737 has been pivotal.
We look for a temporary move higher.
Our profit targets will be 15464 and 15404
Resistance: 15600 / 15700 / 15800
Support: 15500 / 15400 / 15300
Corona death analyses in GermanyWelcome to my Corona Death Analysis
*Note because the chart was inserted as an image, the scaling may have shifted slightly, simply scale at the right edge until the orange zero matches the zero line of the chart.
First of all, I know Corona is a delicate subject and also that I analyze the deaths here seems to work a macabre, but the fact is that the numbers are rising and this can have an impact on the German economy, this analysis serves as a complement to my DAX short analysis and is purely scientific nature.
The Dax analysis can be found here (German Only)
Let's get to the analysis:
As we can see from the chart, deaths increased rapidly between January and February, reaching a high of ca 1138.
In February, a bearish SKS formed at the high which had also already reached its target of 371 deaths.
This target line is very often reached again after the Unterstreiten in later upward movements or correction phases and serves us thus as a first "target line"
Furthermore, we can take from the chart an ABC Correct which has the following death numbers as a target.
Target 1 435
Target 2 705
Target 3 900
Target 4 1451
Target 5 1846
Here the death number of 900 is to be seen as the first strong resistance.
At 1451 I expect the end of the rising numbers for the first time, whereas 1846 deaths would be the maximum and at the latest here a trend reversal should take place.
If you liked this idea, I would be pleased about a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer:
Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;)
This analysis is for informational purposes only and is scientific in nature.
This analysis is not based on any fundamental data!
This analysis is not an investment advice and should not be considered as a buy, sell or hold signal.
Always do your own research before investing and seek the advice of a qualified person.
I am not an investment advisor or similar and do not make any investment recommendation here.
DAX Correction in Weeks Today Moderna CEO Predicts Less Effective Vaccines For Omicron Variant and it showing negative impact on Future Markets, if we look DAX it already broke it's trend line after 2020 Rise, but now on bear side it's very near to it's weekly support line to break.
All we can do wait to see how deep this correction can go not good time to invest yet in my opinion.