We got our signal in the Dax. Higher Low and a outbreak of the current triangle trading range, right after leaving the fibo time zone of our latest correction. New move up is now very probable to continue ...
Awaiting next trigger in the Dax for the next bigger move up... A continuation in the current trading range (marked trendlines) seems likely at least till thursday upcoming week, a break before thursday give s us a nice trigger... a rejection of either one of both trendlines is a nice short-term entry. Dont forget to tight SL.
Dax has run strong so far. I am expecting this run to continue for a longer period of time. But uncertainty hasn't entirely left the system yet. We are still facing corona or the brexit e.g. to just name some of it. So there s a high probability for a short-term break of that run. There are different scenarios likely. I. Dax is ending its run soon by breaking...
Wee see an outbreak of the latest consolidation range. Apple seems to be still interesting under a biden administration. This is an important signal for any Nasdaq trades as well.(or any other US indices, esp. of course Dow & S&P) This rise is as expected occuring with a downfall of bond prices. Money is being shifted right now.
time for at least some little correction to vwap
wait for confirmation if you want to decrease risk
Nasdaq broke above its consolidation pattern, we were currently trading in. This sets us a uber bullish signal for the next move in the Nasdaq. To get this confirmed we are looking for a break of the previous high of the correction pattern and a reclaiming of this summers channel . This next move up also fits perfect into a fundamental bigger picture of US Techs...
Coming out of a super strong support, nasdaq is giving us a nice opportunity to re-enter the market, but lets wait to get results of the election first before entering with bigger positions
If Support holds over election night, this could be wonderful long entry again into the Nasdaq
good short-term short opportunity here
The Stimulus is probably not gonna be served pre-elections. The overall market sentiment is bearish from my point of view. Its very likely to count the last two waves up we've seen as finished correction pattern. Im expecting so far a continuation to to downside.
Probabalby a short-term set-up, but has potential to lead into a longer move
I am still considering a continuation to the upside as more likely, im psyched to see if this breakout confirms... This is a possible entry opportunity to catch the upcoming bullish move i was pointing out earlier