DAX H1 Looking To Fade Above 16000IN this update we review the recent price action in the #DAX futures contract and identify the next high probability trading opportunities and price objectives to target
FDXS1! trade ideas
FDAX UpdateWell, like I said yesterday (and many times before) the Euros determine the gap direction. They pumped before market opened and we got that big gap up.
FDAX MFI is now overbought though and German CPI release is tomorrow morning. high probability of a gap down tomorrow.
FDAX UpdateIndicators are neutral, but it hasn't hit oversold yet so there's a possibility of a gap down Monday despite the bullishness in the US market today.
the US market probably wants to gap up but the Euros dictate the gap direction much like this morning. I am planning on carrying a relatively small long position over the weekend.
As I said earlier in my ES post, expecting a whipsaw finish today.
Kinda tempted to add some IWM (small cap index) to my retirement account, I think there will be a garbage stock short squeeze next week. I don't recommend investing directly into garbage like PTON or AFRM, lol. Bad news can tank an individual stock.
DAX: Beam us up, Mr. Scott! 🖖Happy Birthday, William Shatner! Consistent with the great day of the actor playing Captain James T. Kirk in Star Trek , DAX was also beamed up – and considerably so. From the low of wave iv in pink, the index has shot upwards by about 5% and should still continue the ascent above the resistance line at 15 703 points, where it should complete wave 1 in blue. However, a 35% chance remains that DAX could slip below the support line at 14 617 points. In that case, the index would first develop wave alt.iv in pink to establish a new low in the pink zone between 14 299 and 13 863 points before moving upwards again.
FDAX UpdateNQ MFI is now touching oversold but FDAX shows no direction for the gap tomorrow. Indicators are neutral.
I still have my PTON puts, it's not moving with the market anyways, lol.
FDAX H4I think we might have at least a temporary top in place... I see further downside down to FIB support zone around 14200
FDAX UpdateOversold on both MFI and RSI
So Europe is gonna want to gap things up tomorrow morning, but CPI numbers coming out premarket
Probably more whipsaw, lol.
DAX 600Point Reaction FromSupport, What Next?In this update we review the recent price action in te DAX futures contract and identify the next high probability trading opportunity and price objectives to target
FDAX UpdateHit overbought last night and rolled over. Looks bearish for US open tomorrow.
Not sure if we get a gap down or if they sell off after US open
all index like dax,nasdaq,sp500 say:can start wild +up trend
ALERT = WILD + RALLY WILL START ON DAX-DOW-NASDAQ-SP500
2 scenario possible in next 9 month
1- wide zigzag and range (30% possible) or
2-break all high and touch new all time high (60% possible ,,,on dax reach fibo 161% = 19000 and in dow above 45000)!!!!
strongly advice you 90% looking for buy in deep and hold it to high (be careful from sell and put SL on last high,,,,save in mind = market can flyup)
wish you win my friends
ALERT 2= TRADE INDEX LIKE NASDAQ IS VERY COMPLEX AND HARD (ZIGZAG MANER) AND NEED MINIMUM 5 YEAR PRACTICE ON DEMO ACCOUNT , IF YOU DONT HAVE 5 YEAR DEMO EXPERIENCE ,DONT TRADE IT ON REAL MONEY
FDAX UpdateLooks pretty much the same as US indices, SI and MFI close to overbought but not there yet. The problem here is that it could go overbought and head back down before Monday open, so gap direction can go either way Monday.
I made enough money this week, I don't feel compelled to hold anything over the weekend.
FDAX UpdateGap direction has been hard to determine because FDAX is whipsawing, but it did bounce off of oversold MFI overnight, so I assume gap up tomorrow.
As I'm typing this someone pumped futures, lol.
DAX 1 HOUR say : it can go up to 158002 place is important (2 arrow on chart)
AC INDICATOR on 4hour chart show up trend will start soon (IF last LOW NOT BREAK)
alert= weekly chart technical say dax can go to 19000 , 100% be caeul from sell(put sl on last high ) ...90% looking or buy and buy pinbar
note= trade index like dax ,nasdaq need minimum 5-7 year practice on demo ,if you dont have it pick it on demo account,not real
if you have old sell, hedge them now then wait 2-3 month dax go p and back (down trend apear) then frist close your sell in low ,then on high close your buys
goodluck
DAX Action Areas For The Week AheadIN this update we review the recent priice action in the DAX futures contract and identify the next high probability trading opportunities and price objectives for the week ahead
DAX Momentum Divergence Being AddressedIn 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 UpdateI told you guys yesterday that they would sell off the entire CPI pump and dump, and they did causing futures to go red. You can see the bounce, but there's also more room to the downside.
Could just be a whipsaw morning. No idea which way it goes Monday.
DAX: Approach to Resistance Area... how to trade it?Hi everyone!
The main trend on DAX is bullish so if you think about a short trade, it is not possible to anticipate the market/signal so it could be interesting to wait for a first bearish leg development on intraday chart and try to take a short position using the potential technical rebound (wave B) with stop loss above wave A (Top):
If there is no pullback, the next bullish target is around 16.230 area.
...trade with care! 👍
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Cheers!
dax 4 hour :sell pinbar comes on daily chartlet see pinbar on daily chart
abov e green arrow i will buy with sl=40 point for hold 7-8 day to high (in up dax can go to 15800)
alert = daxcan go to 14700 area , be carefull
good luck
FDAX UpdateFDAX RSI hit overbought with RSI divergence. They did the pump and dump on CPI numbers, 0.5% m/m inflation is NOT good news.
MFI oversold on US indices, so expecting a whipsaw day, I expect Europe to go down tomorrow, so I don't recommend holding a long position overnight. Every time there's a divergence in indicators between Europe and US, we get a whipsaw so watch out.
More bullish view on the indices but negative More bullish view on the indices but still negative. After all the market is negatively skewed to the upside.
FDAX UpdateIndicators are neutral but trending up. I guess this afternoon rally is an attempt to set up for a pump and dump tomorrow. No reason to rally on Powell, TLT is red and bond yields are up for basically every time frame.
The algos still need to make their money, I guess. My assumption was whipsaw until CPI next week anyways.
DAX 4 HOUR TECHNICAL SAY : it can go down to 15200 area dax in last week go up and touch fibo 161% (see green fibo on chart ) now it can go down to 15200 area , we have important trendlines and fibo 61% there
advice = sellstop in 4hour chart last low and SL on last high + buy limit in 15200 area
if you have old sells, dont fear be patient 20-30 day ,,,near 15200 hedge your sells and never never close hedge buys frist (main trend is up)
ALERT = TECHNICAL SAY ON BIG BAD NEWS dax CAN GO TO 14600 AREA TOO but i advice 90% looking for buy in next 3 year
good luck
