1.618 is reached and starting signal of wave 3 of wave 5 came in. Entry 12.570 SL below today's low of 12,485. RRR better than 3 to 1. Greetings from Hannover Stefan Bode
Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked. You are perfect and you will rock the show in the next months and years. But now - Mr. Dax. There are signs of a possible trend reversal and I want to be prepared...
GER30 is Bullish - We look to Buy at 12110 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Trading within a Bullish Channel formation. ▪️ Bespoke support is located at 12110. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12110, resulting in improved risk/reward. ▪️ Expect...
The Dax has not yet finished its upmove, but broken out of small triangle with a classic retest. Dax should not touch 12,768 level, so I expect a further downward movement. Bearish price targets would be 11,763 points and 11,305 points. For the rest of the tradingplan, the 10,825 points should not be touched again. Good trading day to you. Greetings from...
Dax30 should end upward movement B and change into an downward counter movement C. A bearish target would be 11,500 points and maybe 11,000 points. Thats 700 - 1,200 points from the current level. Looking at 12,420 level for entry Short. However, the 12,770 should not be touched. Have a good trading day. Greetings from Hannover Stefan Bode
Dax30 should end its downward movement and change into an upward counter movement. A bullish target would be 12,100 points, over 450 points from the current level. However, the 10,825 should be defended. Have a good trading day. Greetings from Hannover Stefan Bode
Will there be another 300 point run or is the upward-movement already tiring?
What's the Dax doing? 1/3 of the German employees (out of approx. 30 million without public service) are in short-time work (Kurzarbeit). Many of the 10.1 million will lose their jobs because the companies will close down or no longer need so many employeesf. The service sector is the most affected by job creation, which provides almost 80% of the german workforce...
Trading plan 2 is activated. See last dax-tradingplan "No Endsieg there"
There should be 3,000 points to be distributed again shortly, and again on the short side. The whole LockDown is causing more damage globally, so that many more people will die as a result of the LockDown than of the Corona virus, because when people are starving and have no more livelihood, then you are waging war, because somebody has to be to blame. In...
A last high would be possible before the light is turned off. But I am already short. If the economy is not successively boosted next week, the DAX will not recover this DECADE!!! Then it really doesn't matter whether 0.37 percent (German Heinsberg study) or 1.98 percent of those infected with corona (Bill Gates sponsored Johns Hopkins projection) die, because...
Watch out for sarcasm! There shall be no relaxation of the Corona regime before 20.04.20. That the German leadership has chosen the 20.04. as the date to make further decisions is quite astonishing. Do the fake democrats from the Berlin Democratorship want to announce the bank holidays and currency reform to the digital Euro for the "Führers" birthday? I...
You like the idea? Then thumbs up and like + comment. You don't like it? Then thumbs up and the criticism in the comments. If you are not short yet, you can go short now. But if you are already short, you can also pyramidize. For the last opinion, the stop of Trade 1 on deuce, so that no more money is lost on this trade. Then type in Trade 2 and it would...
At 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...
Slowly it is time for a technical countermovement. Will upmove come? At 7,400 Daxpoints 61.8% of the complete upward movement from 03/2009 - 11/2018 would already be corrected. At 8,570 daxpoints it is already 50% correction. That's amazing. Who of you has the courage to Buy in this market?
The Dax has already reached the first target range and with 23 points has almost exactly worked through. However, as the target has already been processed within a week, this does not necessarily mean that the situation on the stock market will ease. In the short term as upward correction perhaps. It shows much more the part of the panic which must not be over...
Like and subscribe, so that you are always up to date! The analysis is not yet complete but here you can see in my opinion the preliminary basic structure of the Dax. If this prevails, then the crash was just the beginning and part of wave 1, but then all those who are still invested long in the market should use wave 2 to sell their positions and hold cash in...