#dax30 - Crisis till Q.4/2020 - #grxeurAt the time level of the Dax, the correction will end at the end of July 2020 at the earliest, or a temporary correction high could be formed there.
I do not expect the low of the movement until the turn of the month at the beginning of Nov. 2020. 7,400 Daxpoints would be an ideal target. Currently, the Dax is at the 38.2 retracement zone of the upward movement that has been underway since March 2009. However, long-term investments should only be made after the US election. Depending on the election results in the USA, but then also predominantly in the US sector, because that is the most liquid stock market.
Daxtrading
#DAX30 - It will fall again?!👍👍👍 Thumbs up + Like it 👍👍👍
Will the Dax fall straight to 61.8 at just under 7,400 Daxpoints or will the Dax take the indirect route to 11,000 points before the next sale starts to 7,400 points?
Either way, I can't see much positive in the DAX at the moment.
If Easter does not announce the end of the flu panic-mongering, then everyone will save themselves and their loved ones!
Only where to leave/emerge, because the option of the Hessian Finance Minister is definitely not available as a solution.
How do you see that?
Are such private thoughts appropriate for the euro area?
Can the german people be calmed again by a video message from Angela Merkel?
Greetings from Hannover
Stefan Bode
Dax - Intermezzo-Short - RRR 8 to 1Hi, Servus, Grüezi and Moin, Moin,
something really crazy today - a Dax "Intermezzo-short".
The last actions at the Dax were almost completely long and filled the account very well.
Now I think the time has come for an "Intermezzo-short" with RRR of over 8 to 1. I like to bet a few of the last winnings on RED candles.
My tradingplan:
Short-entry 13.227
SL: 13,287 daily high (60 points)
Target: 12,737 and lower (490 points)
Greeting from Hanover
Stefan Bode
DAX Big Sell SignalPattern: Channel Down on 1W.
Signal: Bearish since the price is near the pattern's Lower High.
Target: TP1 11215, TP2 11050.
*Note: The same pattern took place in 2015/ 2016. After the 5th wave on the Lower High the index pulled back to its 0.5 Fibonacci and then broke the Channel upwards.
Dax - day viewTwo possible scenario for DAX.
We closed two gap.
Retest last high and continuation bullish scenario (blue arrows).
Or we will break the minimum of the last week and continue moving down (pink arrows).
Let`s see.
I will comment on the idea, as events unfold.
Thank you for your attention.