Just looking at the graphs, maybe the history will repeat one more time ;) Market seems to have one more leap forward before a correction in the first 2 weeks of February. Last 2 days, we observed a nice upward movement at US stocks, but at the sometime Germany remain weak. US-China trade talks will be postponed later in the month with a big visit of the...
This above is the 4H chart of DAX. There is a major support level just below it, as you can see indicated from the chart. This could be the beginning of a new bullish move. I am also looking at the daily chart and it looks like there could be a possible pin bar in-the-forming. Check out more in the link below
Unless we close the weekly bar below 13127.5 X-mas rally is on and new price projection is 13577 sp500daytrader
DE30/EUR 1D Chart: Rebound from 55-day SMA The index that compiles 30 largest German companies is advancing against the Euro in the long-term rising wedge formation. This pattern started to form two years ago and today consists of two reaction highs and three reaction lows. Consequently, the breakout of the pattern is expected to happen in the Q2 2018. In the...
Good morning Trader. As much as i know we all looking for Bearish attack, i still stick with BULLS, for now. BUT, we must watch CRUDE OIL. as one can drag down markets. I can still see Bulls momentum here in 1 hr chart. so lets see how today will fold.
Hi traders, Green day for dax today with nice BULLS setup
2016/11/17. DAX stock index forecast for next months and years. DAX index forecast for November 2016. The forecast for beginning of November 10511. Maximum value 11402, while minimum 10112. Averaged index value for month 10696. The index at the end 10757, change for November 2.34%. DAX forecast for December 2016. The forecast for beginning of December 10757....
we are right in the middle to finish the correction, TP is around 10.650
smaller TF structures show us that there still is potential to shoot up. It´s kind of MAD to long here but discipline wants it to do so. Several short impulses got bought, no clear short signal forces us to buy Long.
You will see the ful describtion and fundimental analysis on Bullspring-Trading.com
If the day candle can be close above 10.600 you should buy to TP: 11.500 - on a day chart! This is my opinion