GER30 CFD
DE30 Sell the trend of higher highs.GER30 - Intraday - We look to Sell at 14777 (stop at 14831)
The trend of higher highs is located at 14770.
Pivot resistance is at 14810.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 14631 and 14581
Resistance: 14750 / 14780 / 14810
Support: 14700 / 14630 / 14570
Ger30 DAX sell to13850 monthly.Possible turnaround at 14.700-14850.
Issues: Monthly
RSI + Bollinger + Trend channel
Targets: Monthly (April 2021)
14.400
14.186
14.000
13.850
Good luck!
www. aiart. one
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 14566 (stop at 14624)
Trend line support is located at 14590.
Bespoke support is located at 14570.
A break of 14570 is needed to confirm follow through negative momentum.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our outlook is bearish.
Our profit targets will be 14416 and 14345
Resistance: 14600 / 14650 / 14700
Support: 14570 / 14520 / 14470
DAX week 12Hello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
Reminder of my prevision of last week: « My perspectives for next week are GER30 will not break the resistance of 14600 and it may stay between 13900 and 14600. That’s why I am currently short on $GER30.»
As last week, I was good on the first part of the week. But completely wrong on the end. Even if the start of a fall finally arrived Friday.
So, what happens this week?
Monday: Astra Zeneca vaccination was stopped all around Europe: the fear of secondary effect. The possible change in the vaccination policy take the lead and then the GER30 fall a bit towards 14500 with a spike at 14400.
Tuesday and start of Wednesday : those two days were very calm days because the investors were waiting for the FED decision. The anticipation of the good world economic recovering push GER30 up
Wednesday evening: FED decision was revealed… the interest rates may remain the same up to 2023. Very good news for $GER30 and $NSDQ100 which explodes
Thursday: Thursday, the effect of the FED decision continues and $GER30 touches 14800.
Friday: It was a calm day, but FED decided to stop some avantages concerning US banks which pushes GER30 fall at around 1.00pm UTC.
Moreover since Thursday, there are tensions between Biden’s administration and Russia and also between Biden’s administration and China. I didn’t see a massive effect last week, neither on $GER30 nor on $NSDQ100, nevertheless I am expecting to see some effects next week if it continues.
My perspectives for next week:
- I don’t see GER30 break the resistance of 14800 (but I have prepared a plan if it breaks, because as we saw last week: we never know).
- Except if bad news occur like: new lockdowns, rise of US/Russia tensions or US/China tensions, I don’t see a big fall.
- I think next week will be the good week to take some selling positions around 14700 and wait for it to fall during the last week of the month.
What to follow next week?
At first, like the weeks before: the US Bond during the whole week and the German and French Bonds also.
Then: US/Russia tensions and US/China tensions
Finally:
- Monday: China national Bank interest rates;
- Tuesday: Calm;
- Wednesday: German manufacturing PMI and US Crude Oil Inventories
- Thursday (Big day):
- Switzerland: Interest rates;
- Bank of England and European Central Bank speeches simultaneously;
- US: GDP and initial jobless claims
- Friday: German Ifo business climate and US Budget (possible).
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
US & Germany DOW/DAX RSI D1 sell opportunity. - FED Week.We face a good sell entry for US30 and GER30 caused by massive blowout caused from stimulus last week.
This week we get the FED statement. Jerome is in truouble to argue because of the rising US Bonds,
ongoing zero intrest FED policy and the strong recovery of the US economy. We need to listen, if
Jerome misses market expectaions.
Time frame: 4H, 1D, RSI $ Bollinger W1 M1.
This is not a trading advise. Good luck.
www. aiart. one
GER30 might drop to 14200 this weekThe GER30 is very tricky to analyze these days, so be careful and do your own DD :)
The Ascending triangle has broken out down. Potential target 14200
False break-out are common with triangles, so this break-out is fake or real?
Probably real:
- Trending moves are slowing down (the 3 green rectangles)
- the breakout has been followed by a retest of the bottom trendline of the triangle and rejected.
- RSI is in a bearish channel, near the neutral area (53)
****
Analysis INVALIDATION IF the ascending triangle breaks out above the 1600 horizontal trendline, the bullish move might continue toward 14900 in the bullish channel started February 22.
****
GER30 Sell a break setup.GER30 - Intraday - We look to Sell a break of 14448 (stop at 14512)
Price action has formed an expanding wedge formation.
The trend of higher intraday lows has also been broken.
Trading within a Bearish Channel formation.
Trend line support is located at 14485.
20 4hour EMA is at 14486.
A break of bespoke support at 14470, and the move lower is already underway.
Our profit targets will be 14269 and 14206
Resistance: 14530 / 14580 / 14600
Support: 14470 / 14400 / 14330
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 14611 (stop at 14549)
Price action has formed a bullish ascending triangle formation.
Daily signals are bullish.
We look for gains to be extended today.
A break of yesterdays high would confirm bullish momentum.
Our profit targets will be 14779 and 14862
Resistance: 14600 / 14700 / 14800
Support: 14500 / 14470 / 14000
Germany 30 - Overblown sell to 14.020Nice sell in Germany 30 via trend channel H4.
Possible double top formation on D1.
Not expected to trade much higher.
Linked to US Stocks Dow Jones.
www. aiart. one