DAX weekly chart say cash to 11111 possible !technicaly we have fibo 61% in 11.111 ...if low break this can happend ,,,a gift from stupid Biden and Powel
be careful .dont hurry up , here patience too much is secret of big winning(lin long term)
if you have open buy you ,ust put SL or hedge sellstop in
good luck .hope mr TRUMP back
Fdax
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220830Happy Tuesday,
Unless DAX regains 13k and breaks above 13 100, it can still go either way. Bears do want to break yesterday's low and create LL.
Line in the sand is 12 850
Macro EU Business Climate, Consumer Confidence, HICP, US Housing Price Index, Consumer Confidence, Fed's Williams Speech
Buy
Break: 12 940, 990, 13 060, 085
Reversal: 12 890, 825, 735, 700, 675
Sell
Break: 12 905, 850, 795, 750, 700
Reversal: 13 010, 095, 130, 215
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220829Happy New Week, Happy Monday,
DAX has broken 13K and got itself in some trouble here. 12675 & 11895 are two very important levels to watch. Bulls need to bring it back above 13440 & 14085 to get back the control.
Overnight drop in Dax has shown continuous selling pressure which is not good for bulls, going into another vital week with month end falling right in the middle of the week.
Macro ECB Lane Speech, US Fed's Brainard Speech
Buy
Break: 12 860, 970, 13 052
Reversal: 12 735, 655, 580, 525, 440
Sell
Break: 12 750, 665, 590
Reversal: 12 885, 990, 13 070, 175, 225, 270
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
FDAX is Now in an unpredictable rangeFDAX was moving in the last months in kind of range below the 209 MA .
A massive Resistance that FDAX hasn't been able to break since early 2022.
A key Support was tested twice in March and May around the price of 12400.
Once FDAX breaks support with a large volume, a decline towards 10800 will probably resume.
Otherwise, if FDAX breaks the resistance and 209 MA, a massive pump-up will propel the price to a potential target of 16300
Daily analysis & day trading setups - DAX DAX30 DE30EUR 20220825Happy Friday,
Are you ready to rock & roll!!!???
Today may turn out to be when either bulls or bears finally find their way. The tug of war may end today with JP's speech at JH Symposium at 3 pm London time.
DAX30 is hanging on to dear life at 13300. Bulls need to move above 13360 creating HL/HH. If DAX40 moves there, watch out for strong reaction at 13440. On the downside, 50 DMA are of 215 to 230 is still in play.
Macro US Core PCE, PI/PS, Power Speech, Michigan Cons. Sent. Index
Buy
Break: 13 340, 370, 445, 520
Reversal: 295, 260, 210, 180, 110
Sell
Break: 13 295, 250, 215, 160
Reversal: 13 375, 425, 465, 515, 550, 620
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DE30EUR 20220825 Happy Thursday, Happy GDP Day,
As I am publishing this, DAX has already pumped higher based on DE GDP positive data. May be, the doomsayers are afterall losing their story.
DAX is now aiming to takeout 13440 and go for 100 DMA at 13638. This may bring us firmly into bull territory.
Our line in the sand today is 13230
Macro EU DE Business Climate, ECB MPM Accounts, US GDP, Jobless Claims, Jackson Hole
Buy
Break: 13 330, 390, 415, 440
Reversal: 13 295, 265, 230, 180
Sell
Break: 13 300, 285, 240, 180
Reversal: 13 390, 440, 475
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups on DAX DE30EUR 20220824Happy Midweek, Happy Wednesday,
DAX is at a precarious level. Bulls need to regain above 13275 & 13360. Bears are pushing to break 13050 & 12955.
Line in the sand today is 13175.
Macro EU DE 10y Bond Auction, US Durable Goods Order, Nondefense Capital Goods Orders, Pending Home Sales
Buy
Break: 13 160, 210, 265
Reversal: 13 085, 010, 12 985, 920, 870, 830
Sell
Break: 13 100, 015, 12 925, 875
Reversal: 13 165, 220, 275, 345, 365
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
DAX testing its first Support, the 1D MA50The German Stock Index (DAX) got emphatically rejected on its January Lower Highs trend-line, as we anticipated with our previous analysis two weeks ago:
The price broke below the 1D MA100 (green trend-line) and hit the 1D MA50 (blue trend-line), which is the first line of Support. As long as it closes above it, chances are that we will rise and re-test the Lower Highs (1) trend-line. A close below though, calls for a sell extension towards the 12400 Support, currently a Double Bottom.
Notice how the RSI on the 1W time-frame got rejected exactly on the 48.80 Resistance, which was where the June 06 High was made. That matches the Lower Highs as well. A break above this Resistance, would be an additional factor indicating that the long-term trend may be shifting from bearish back to bullish.
Technically, only a break above the 1D MA200 (orange trend-line)/ 1W MA50 (red trend-line) Resistance cluster, constitutes a long-term bullish break-out.
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LOVELY BUY ON THE DAX!Don't be scared to take advantage of this lovely buy opportunity on the DAX.
take a buy now with TP at 13941.
Thank me later!
DAX 4 hour : we have gap on 14200 , it is buyer target dax now little must go down , above green arrow after pinbar comes on (1h-4h-daily chart) we must buy and hold it 3-4 day SL=pinbar low
if you have old sell (i was give buy from 20 days ago low ) near 13320 you must close all or hedge
ADVICE = until 2023 star,90% looking for buy in deep (+buy pinbar) , be careful from sell , dax can move 2000 point up withouy pullback (dont allow you vlose sell)
good luck
DAX 4 hour : as predict befor , dax going to near 14000 area100% advice dont pick sell signals,looking for buy in deep
under red arrow ,after PINBAR on 1hour or 4hour or daily chart comes ,we can pick low size sell,with SL= pinbar or day high
good luck , keep watching AC indicator on 4hour chart on dax (dax full time chart)
Daily analysis and trade setups on DAX Ger30 20220726It's all CHOP CHOP CHOP with DAX for the last 3 days.
Unless one of the levels 13140 or 13290 are broken with confidence, it's going to be like this till FOMC tomorrow
I have observed this behaviour in all the assets when they get close to Brown top levels. DAX is near Brown level B at 13440.
Yesterday's levels are still in play i.e. Blue B and Brown B
Buy
Breaks: 13350, 13440
Reversals: 13100, 12970, 12920, 12830, 12790
Sell
Breaks: 13100, 12990, 12920
Reversals: 13350, 13440, 13600, 13840
For more precise levels, here is the Green Goblins chart >>
Confluence levels are here >>
FDAX Bull ScenarioQuite frankly I'm bearish on Europe fundamentals but the market has sown strength even while US tech stocks tank. We haven;t seen a huge gap down because Europe wants to go up.
Anyways, plotted the bull scenario. The bear scenario is obviously a tank, lol. For whatever reason, having no natural gas is bullish for them? LOL.