Question to the readers: What kind of chart formation is that? Return would be a minimum of 20% p.a. over a maximum of 5 years After breaking red resistance line. Greetz from Hanover, Lower Saxony Stefan
Wait - until - alert clock - ringringringring.
Break up from downtrend. Retest of downtrend. And now in the upper line of blue uptrend. If a closure above the blue upward-trend-channel could established, then it will become more exciting in the next months/years. A close above the $33.25 resistance level of P3 at the end of the month/quarter would be important. How do you see that? Greetings Stefan Bode
Thumbs up 👍👍👍 Last year + finished: I say thank you and I take my Canadian money off the table. Other opportunities calling at the Moment. If price drops in the next few weeks maybe re-enter the market. Greetings from Hannover Stefan Bode BigPicture:
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...
Plan and Adjustment: Greetings from Hanover, Lower Saxony Stefan Bode
Today's triple witching day can be volatile, so here are my variations. If Dax no longer reach 12,486, I still expect another downward movement. Bearish price targets would be at 11,763 points and 11,305 points. Therefore, 12.486 should be seen as a StopLoss mark. My goal is to set SL on entry point because a reversal of the trend could also take place in the...
Since Corona, some life has come back to the House of DAX. Well, Wirecard CEO Braun has been a red flag to many investors and so Dax company (till July 20?) and the auditors of EY Ernst & Young surprised the market by reporting that 1.9 billion euros in escrow accounts could not be properly verified. After all, that is 1/4 of Wirecard's balance sheet. Since the...
Since Corona, some life has come back to the House of DAX. Well, Wirecard CEO Braun has been a red flag to many investors for a long time and so the DAX-listed (till July?) company or the auditors of EY Ernst & Young surprised the market by reporting that 1.9 billion euros in escrow accounts could not be properly verified. After all, that is 1/4 of Wirecard's...
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
Just had some time - and used it to fill the gaps ;-)
Corrective or Impulsive?
The EuroUS Dollar continues to move between important 1.14961 and 1.06363 range. All movements between are only short-term "skirmishes" . Only a breakout from this range will indicate the next longer-term trend direction! In this analysis, I assumed that a trend reversal will happen and a bearish pattern will establish itself. This would mean that the euro...
Who's wins the game? Euro or US Dollar? RRR for USD is very good, at least for the moment, because SL is clearly defined. Greetings from Hanover (Lower Saxony) Stefan Bode
The market is just celebrating the opening of the plant. Nevertheless, the share could come under pressure in the short term. This is the bullish version. Greetings from Hannover Stefan Bode