US 500 S&P INDEX MARKET TRADE SETUPS & SIGNALS For 11th Dec 2019www.youtube.com
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Germany30
DAX updatePrice level at resistance and 200SMA, a break to the upside is a buy signal, target back to the highs.
An uptrend line is not confirmed yet with only 2 touches, need 1 more touch with a bounce. A break lower on risk off mood for a short.
Good Luck!
DAX hits first level of support and rallies, new all-time high?The DAX managed to pull back, as anticipated through rotations at the top of a structure area it failed to break above into its all-time high and into a new high after several attempts and the downside was expected. We had 2 levels identified as potential targets, the first being the cluster of support that was mapped out based on where the price started its rally which was between 12930 and 12965 which happened to be the inflection point at which the DAX recent bounced off.
The second target area for the downside on the retrace was 12615 which was a Fib level that we were watching, but the rejection at the first level suggests that this move lower was just enough to get some new buyers interested. Now, what is the move higher? Where is the upside target? With the Christmas rally ahead we may see new highs across the board in equities. From here we really need to break through the 13305 level that is holding resistance and get into the previous all-time high.
If price breaks above 13305 into 13320 then we will anticipate the move into the high at 13600 or so. For that, some good European trade talks will help out a lot.
Disclaimer: This idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not responsible for any market activity.
[symbol="OANDA:DE30EUR"]OANDA:DE30EUR[/symbol] is slowing down. OANDA:DE30EUR is weak. Numbers are high but citizens are suffering, like pretty much everywhere!
The domino is shaking, who is the weakest we will see!
Weekly suggests retrace to 12620 on DAX, then up to 13775!Immediate short on DAX makes sense if you look at it on a weekly basis there is reversal structure forming at the current price, the long wicked dojis and red candle pinbars are associated with a move lower. The volume is accumulating for a slight retrace as the DAX cannot catch up to the US equities at all-time highs. The retrace is still the previous broken level which happens to be the 50% retrace from the impulse move. That would mean that a 5% pullback is to be expected in the DAX and that can be ignited by a pullback in the S&P 500 market which we are anticipating as well. The upside move is the extension based on recent impulses right at 13375.
Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
GET READY: The DAX could be in trouble!Early notice for high vigilance on lower time frames. See this 3D channel.
DAX - Fading gainsWe look to Sell at 13305
The medium term bias remains bullish.
Price action has formed an expanding wedge formation.
We have a 78.6% Fibonacci pullback level of 13307 from 13380 to 13040.
Negative overnight flows lead to an expectation of a weaker open this morning.
Further downside is expected and we prefer to set shorts in early trade.
Expect trading to remain mixed and volatile.
Stop: 13355
Target 1: 13070
Target 2: 12900
DAX with first turn around 76.4%Like analyzed before there could be ABC play in the DAX manifesting itself over the next couple of sessions. The call was still early however now we see the first confirming price action, in focus is now the horizontal trigger level, should it be broken the setup can become active.
DAX interesting for an ABC to the downsideThe German Market Index currently yields a nice risk to reward opportunity to the downside. This move could play out this week as long as we stay under the point of invalidation. Price action signal for the setup is still missing.
DAX short to 12620 before an all-time high!The Dax has recently played off of our short level the endless rotation at the 13305 was the indication that there is a stall in momentum from the upside. Meaning we could see a retrace. It's not as strong as the US equities due to the European economy, German economy and the monetary policy.
We are watching the retrace into the 12880 support as the first pitstop based on market structure. Then the next level is the 50% retrace at 12615 based on the impulse move that brought it to the high. Then we could see rotations for the high.
DAX may have seen its high. The German Market index may have signaled a significant highpoint with a false break out to the upside this week. However I am still expecting a deeper pullback at the moment before we could get confirmation that the momentum to the downside will resume. Area of interest is the zone between 50-76.4% pullback. Should we go over 76.4% I am expecting the downside momentum to be resolved and the index to be range bound until the end of year.
DAX update price rangingPrice in a range for days now, allows great trading opportunities to trade a bounce of support and resistance.
Risk-reward is best there. Only a decisive break of the range will confirm a short or long, wait for the retest for more confirmation to avoid false breakouts.
Good Luck!
DAX ripe for correction or not? The German Market Index could see a ABC correction soon, as suggested by the 200 Period Bollinger Bands on the Daily and the RSI. However talking a look at the current trend channel we could see just another final pull up to the 13400-13600 level before correcting. As long as current levels hold above 13100 the long direction should still be prefered with one last pull to the upside.
The DAX (or GER30) has made a clear triple top hitting resistancI've predicted that the index will trail back down to the 13,260s where it will find some support before dropping down to the target short exit of 13,150s. There it will either break support again and continue on a downward trajectory to at least 12900s and possibly lower.
Short at (or around) 13,300 and enjoy the ride.
Currently short w/ 3 lots between 13,250 and 13,300. Averaged around the top.
DAX double topDivergence on RSI as we are rejecting at the highs. Great risk-reward for a small position.
More confirmation on the break of the neckline and impulsive selling candle. Target 13 000.
Good Luck!
German DAX: Final Leg Of A Monthly Cycle Different monthly counts on the german stock index suggest that final leg higher is here, so 2020/2021 may not be so optimistic.
Trade well,
The EW-Forecast team
DAX: Close to all time's high
DAX is on its way to retest all time's market high.
I think that this time we may see a fake structure violation before the retracement from the underlined resistance.
Pay close attention to the market when it enters the underlined area and look for a "W" formation to open short.
*I am not suggesting to catch a big wave.
Just a small retracement to a recent structure.
Target level will be 1.275
profit protection after 1.3
DAX: Close to all time's high
DAX is on its way to retest all time's market high.
I think that this time we may see a fake structure violation before the retracement from the underlined resistance.
Pay close attention to the market when it enters the underlined area and look for a "W" formation to open short.
*I am not suggesting to catch a big wave.
Just a small retracement to a recent structure.
Target level will be 1.275
profit protection after 1.3
GER 30, Waiting for the false breakout of Historical Level!I will open Sell position if the price will make a false breakout of Historical Level 13204.5.
Potential profit will be in 3...5 times bigger than risk.
Before to trade my ideas make your own analyze.
Write your comments and questions here!
No need to write it in PM.
Thanks for your support!
DAX wait for break of the rangeStuck in a range, now waiting for the break to short. First target at 13000.
Good Luck!
DAX to target 129780 for a contertrend!Trade on chart
Price failed to break resistence
Did the retouch failed to break it again
Entry point purple
TP golden line
SL above the 13000 line
Enjoy!
sell #dax 12402 and TP1=12285 and TP2=12187 sell #dax 12402 and TP1=12285 take half of your gain and try to go to fill the gap on TP2=12187 ,also when u are around 12250 made a SL at 1290 like that if he up u are safe and with gain #dax30 #germany30 #dowjones #nasdaq #cac40 #sp500 #usdjpy
overbought
for china us trade talks i am sure e are on buy THE RUMOUR AND SELL THE NEWS
#DAX is the Pullback coming this Week? #DE30EUR #GER30 The German Stock Index had a phenomenal uprise since the break of resistance around 12475, but at some time every Party has to at least close for a few hours to clean up the mess.
German Stocks where pushing strongs with gains about 10% - 20% across the board and the whole market has positioned itself in overbought territory where Profit taking will come into play to start some kind of Pullback.
Positioning your Risk Management with much breathing room above 12950 gives you a good Risk-Reward Setup to place yourself in the bearish Pullback Camp.
Pullback Targets
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1. Target: 12620 / Retest of Daily 20-EMA / 0.236 Fib Retracement
2. Target: 12450 / Retest of Daily 26 or even 50-EMA / 0.382 - 0.5 Retracement
Daily Stochastic is still in the Bullish Control Zone which did not gave you any Signal to be overall bearish on the Daily Chart and the Daily RSI is above 65 with a huge divergence from the EMA
Have your stops in place and trade safe!
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#DAX #DAXPERFORMANCE #DAXTRADING #TECHNICALANALYSIS #GER30 #DE30 $DAX $GER30 $DE30 #GERMANINDEX #DEUTSCHERAKTIENINDEX #DE30EUR
