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DAX DEU30 SHORT Situation end of 21.03.2019 Hello to all who watch my charts. In the Dax DEU 30 we have a short situation since yesterday. As I posted Dax was allowed to fall to the lower line of the Long Channel. But not below. Yesterday it dropped significantly below and there is now a short channel formed, which I have marked in purple. I've simplified the chart image a little and a few insignificant ones Resistance lines faded out. Now it looks very clear: Dax DEU 30 in Long Channel (purple) and then in a short channel since yesterday (red) What happened: In addition to the unexpectedly bearish Fed meeting, we also have some special features to note in the Dax DEU 30: 1. A big weakness of Bayer 2. A new fainting of the auto stocks, there are the quarreling E Mobility is not as easy to master as previously thought. In addition, declining expectations. All this together has now become the Dax DEU30 from an outperformer index days ago to an underperformer index. We have to hold that for now. Now Dax can slowly move back and forth in Short Kabal or fall directly to the nearest support at 11420. For rising prices, I currently see no beginning, If a new long opportunity should start, Dax would first have to get out of the short channel. Then we should re-evaluate the situation
TVC:DEU40Short
by Renkotrade
DAX Long Situation end of trading day 19.03.2019 Hello to all who follow my charts. The Dax runs exactly in the long trend channel up I have drawn I marked it red again so that he is better to see. The dax today has 2 new resistance lines taken out of his way, which I have now marked as support in blue. These are the two upper skewed straight lines at about 11775 (current state) So he has continued to build support. But even a downward setback in the direction of the lower red channel line would be completely uncritical and would not destroy the setup Currently at 17:30 German time clear a long setup --------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------
TVC:DEU40Long
by Renkotrade
#DAX30 A mine on the way!An obstacle in the way, in the last few days we are on the upward trend that is still real today, so to those who ask how long will the gains continue? The answer in the graph above, We expect the dax30 will continue rise to the 200 Moving average and then it can give a downward correction Once this happens we will have to follow and see whether the decline will be just a correction or that it is a decline that will change the trend Buy Dax 30: Take Profit: 11790
XETR:DAXLong
by xosignals
DAX LONG Situation end of 15.3.2019Dax is going straight on in the long setup run The trade setup is exactly as in my last DAX post We are in a long swing here as described What is new: We have a long setup now in a establisehd long CHANNEL ! I have marked them in red color. As far as DAX is trading in these long channel all long positions shold be save Even if Dax tumples out of the channel thats no sign of short at once its at first a sign to be cautious with new long positions All above 11611 is a long in my view and even if it goes below 11611 maybe we will see only a more weeker long channel established than. Only trading below the red support line is a sign of sort. But thats far away at the moment at 11560 aerea. Don't forget to like if you appreciate it.... ------------------------------ My ideas are not a recommendation to buy or sell. Everyone has to do their own research --------------------------------
TVC:DEU40Long
by Renkotrade
DAX LONG Situation end of 14.3.2019As described the days before DAX has made a new Long setup verify to see at the new red marked trendline long For the next trading day: If Dax can not hold the strong long setup there is a blue marked long support line below where Dax could hold and stay in long If these trendline also breaks there is the big support ( have colored in black) at around 11420 which decide Long from Short aerea. So in other words: Long setup above the red trendlines Cautious on long positions between the red and the blue trendline Stopp long positions = Neutral aearea between the blue long trendlne and the black big suppport line Trading below the black support line is a Short setup - Don't forget to like if you appreciate it.... ----------------------------------------------------- - My ideas are no investment adviced you have to do always your ow research -
TVC:DEU40Long
by Renkotrade
DAX LONG end of 12.03.2019Dax today has not his strongest day. Starts with a big jump and starts exact as the resistance at 11615 hat a little bit resistance here i call this to 111620 and than a direct fall to our well known long trendline we have seen now many days in Dax chart. I have marked them in purple. From these support DAX could bounce back a little at the end of the day. But the red marked new stronger long trendline DAX could not hold So at the moment we are in a nowhere terrain it is still only little bit long For tomorrow Dax has to stay above the purple trendline for long- It Dax fall under the (now thick marked ) blue support line at 11420 which is of course far away at the moment , the chart turn directly to short A trading between purple and thick blue i would mention as neutral. So under line: Trading above the purple line = long Trading between the purple and the thick blue line = close long positions. Trading under the thick blue line = short setup. - --This information is not a recommendation to buy or sell. It is to be used for educational purposes only - also do your own reserach---
TVC:DEU40Long
by Renkotrade
DAX Long on track again end of 11.03.2019Hello to all friends watching my charts Now today german DAX has made a positive return today in the long track again. Maybe you remember my Nasdaq Chart from end of friday trading where i told that thees reversel may come Please check the chart now. Dax has managed to come out of the short channel and climed above the upper line of the channel i have marked in red. As you se now the lower line at around 11420 is in blue again, shows us that these levels are now support levels again which is important Now we have a clear tracking view: Trading above that level 11420 and upper level is long now Crossing again under the purple long trendline to the blue support 111420 is neutral and trading under these blue line level as minimum end of 1 HR bar is short now All trading above these level is either long or neutral --- My ideas are no advice to buy or sell anything you allways have to do your own research ---
TVC:DEU40Long
by Renkotrade
DAX SHORT Sitation at end of 08.03.2019 SHORTDax is going down exact as descriped in the new trend channel Nothing really new things happens today. What to mention is: Dax found support at the support line of around 11410 - aerea 11421 - 11420. Mabye from that point Dax can revcover now to the upper line of the red marked trend channel down (Up to 11500 aerea is free spcae there till end of mondays trading day.) But only a break of these down channel upper line would shows us a stopp of the down trend. To the lower side the next support level i have shown as blue lin ein the chart is at around 11370 to mention. So be carefull wil longs against the trend and always remember your stopp loss.
TVC:DEU40Short
by Renkotrade
Dax 30 Index Analysis+SignalWe see in the graph above some points that strengthen our opinion about Sell position: 1. According to the Ichimoku Indicator, we are totally bearish as we are under the cloud and the blue line above the red line in W1 2. we can see that we are in a bearish channel with lower points each time and right now we are in the resistance 3. As soon as the price touched the moving average 100 he did not manage to cross it and it caused a drop Sell Dax Entry Price: 11230 Stop Loss: 11410 Take Profit: 10550
XETR:DAXShort
by xosignals
DAX INDEX 30 Short Signals!We are currently on very serious and important resistance that will determine the direction of the DAX for the coming days, According to Ichimoku indicator we are still in a downward trend, despite recent increases! And we are also on the resistance of the Fibonacci retracement (23.6) Which means continue to move in the original direction. For all the reasons are written above we recommend entering a sell position Sell DAX Entry Price: 11186 Take Profit: 10508 Stop Loss: 11540
XETR:DAXShort
by xosignals
DAX recoveringWith the last dump under several important supports, the DAX has definitely left its positive trend. The next support - level is on ~10.600, where we find a fib retracement (38.2%). This could also be the ending of the actual corrective wave -C-. In this case we shall see some recover - but I don´t expect it to be very strong. Meanwhile the support on ~10.600 has been strong enough to stop the fall. As mentioned above a little recover is happening. Don´t think that it´ll lead the Index much further than 11.200 (fib retracement 50%). RSI has clearly shown the negative trend - and it´s still alive. MACD is confirming the negative trend. Projection: in the next weeks a little consolidation can take part - not leading the index to new highs. On the contrary, I think this is only the beginning of a longer negative trend. This is no trading advice
XETR:DAX
by Luettis