FDAX1! trade ideas
DAX Targeting The Daily Trendline In this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objective to target
DAX Hit the 4H MA200 for the first time in +1 month.DAX (FDAX1!) hit today the 4H MA200 (orange trend-line) for the first time since September 14. This is still technically a short-term bullish reaction (Channel Up) within two longer term bearish structures (Bearish Megaphone with the dashed lines and Falling Wedge o a broader frame). With the 4H RSI approaching its Resistance Zone, it is not unlikely to see a rejection by tomorrow back to the 4H MA50 (blue trend-line).
We have accurately laid out this information on our previous DAX analysis 10 days ago:
Basically as it happened from July 19 to August 12, we may see continuous pull-backs on that Zone as the price breaks the Bearish Megaphone to test the top of the Falling Wedge. On the long-term only a closing above the 1D MA200 (red trend-line), which is untested since February 02, can be enough to change the trend from bearish to bullish.
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FDAX UpdateFDAX shows no indication for gap direction Monday.
Sentiment is obviously bearish, if they gap it up I think the gap fills quickly. the only reason to gap it up would be so the algos can sell at a higher price, this was obviously a pump and dump.
FDAX UpdateLooks bullish, but I'd rather short when it gets overbought. Not chasing this technical bounce.
We're headed into a recession, inflation still high, the Fed has to raise rates again in Nov.
DAX Trading The Corrective CycleIn this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
FDAX UpdateMFI bounced off of oversold but could drop back down. Note that it lost support again.
Tomorrow could go either way, but I'm not feeling very bullish.
DAX Broke the 4H MA50. Bearish extension.The German stock index (DAX) broke below its 4H MA50 (blue trend-line) on Friday after failed to break and being rejected on the 4H MA100 (green trend-line) earlier this week. This keeps the price inside both the short-term Bearish Megaphone pattern and the longer term Falling Wedge pattern.
That break is a major sell break-out signal and targets directly the 11875 Support. Below that we can only take an extension if DAX makes a closing below the bottom (Lower Lows trend-line) of the Falling Wedge. Otherwise as the price approaches the 11875 Support, it becomes a buy opportunity towards the 4H MA200 (orange trend-line).
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** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
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You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
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FDAX UpdateDouble tapped overbought on MFI and headed down. Europe is headed into a recession, it was just a technical bounce.
DAX Targeting Daily Trendline ResistanceIn this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives tot arget
DAX going to EMA200 daily in my idea and technical analyse : dax frist going to fibo 61% 12900 then going to EMA200 dailky then fibo 161 nera 14600(can take month)
advice : 90% looking for buy and be careful from sell put SL (only under red arrow pick sell after sell pinbar apear)...dax easily can move 2000 point in up side move
keep monitor AC indicator on 4hour chart
FDAX UpdateRSI and MFI just under the oversold marker, there's a chance it could go overbought and roll over before US markets open tomorrow.
DAX Future - 05.10.2022 - Long SzenarioDAX Future - 05.10.2022 - Long Szenario / Short-Term ( 3-10 Trading Days)
DAX: Startle ReflexesWe don’t know what has startled DAX so much that it has jumped upwards and has come quite close to the mark at 12425 points again – maybe, someone tested its startle reflexes… However, the index is already back on track and should continue to move downwards into the pink zone between 11421 and 11060 points to finish wave III in pink, which it could also do in the slightly lower and larger blue zone between 11352 and 10828. Afterwards, DAX should perform a countermovement into the upper pink zone between 12129 and 13066 points, before dropping into the big green zone to complete the overarching downwards movement. Indeed, wave 2 in green could also end in the blue zone between 9980 and 9456 points, which provides a little bit more room southwards.
FDAX UpdateMFI and RSI dropping, looks like it'll hit my orange support line either tomorrow or Monday
Europe is going into a recession, even if they have enough natural gas to get through the winter, they have issues stocking up next year. No more Russian gas flowing at all, they blew up the pipelines.
dax 4 hour : 12700 is dax upper target WE ARE NEAR LOW if dax can break trendline must touch 12700
if break low we must buy near 11400 and hold it 30-40 day to new high
good luck
FDAX Update3 hr indicators are neutral, seemed bullish this morning but there's a chance that it back tests support and drops down again. Remember, old support is new resistance. The Euros know they are headed into a recession.
US market seems bullish on this technical bounce, but gap direction tomorrow is a crap shoot.
No position, just watching the market and looking for new stocks to play with. My favorite bull plays are dead.
DAX Playing A BreakdownIn thsi update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
FDAX RSI OversoldFDAX RSI touching oversold, guessing the tank is over for the day but it lost support so the bigger picture is very negative
DAX Playing A Potential BreakdownIn this update we review the recent price action in the DAX futures contract and identify the next high probability trading opportunity and price objectives to target
DAX Is Breaking Bearish TriangleHello traders and investors!
Stocks are still down and we see German DAX trapped in a higher degree wave (B) triangle consolidation which can be already completed or still in progress, so be aware of a continuation lower within wave (C) soon.
From technical point of view, wave (C) can extend its decline even down to 11k, maybe even 10k area, so watch out for more weakness after recent break below lower triangle line, especially if we see today's weekly close at the lows.
Be humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
