PE pretty high now, people get nervouse in front of earnings, big support at 108 ish..
I made a easy comparison of dax 2004-2008 and 2012-2016 Its said things go in cyckles
after this channel breakout, here is trades to trend channel support lines Buy and sell levels set safely away from trend channel with sl at 25, I suggest going down on tf after channel breakout
For those who are used to these indicators.. confirmation can come next 2 days. if so, I go long and chase it several days with hold position. Even inverted twin peaks
Gold seems to be given up by Bulls so far, had a nice rally earlier, but it seems abandoned for Bitcoin for a short while. I have drawn a R1 with earlier resistance area also crossing the trendline, R2 is tops in recent time. Gold is still bought in large q by banks and governments, pressing it down, especially in COMEX. I will look for CCI spike before fall,...
Not long ago we had E rapport spiking the price of FB to new records, followed by a relative large drop. I have resistance on the chart R1 at 107,88, this I expect to be crossed in the typical Christmas rally or before. We then enter the area of the new price record, it has shown resistance at around 109,72 earlier. Keep a close look at this ressistance, also...
There is something with this company and the thoughts it will go to heaven. Anyway I made good money on this behaviour before, its time to find the next short. Until, this is an idea about the coming movement
This is my first chart here in tradingview. I use gearing in my trades, normally 30-100% and I prefere the short positions rather then long. Especially nowadays, when you never know when the next big drop will come, better ride it downhill and profit from it.