Happy Tuesday, Happy PMI Day,
Line in the sand for DAX is 12817 but it is dealing with all important levels of market structure between August low of 702 & close of 817. A decisive move breaking of one of the levels and then continuing will set the direction.
Levels to watch today are 442, 677, 940 & 991
Macro US S&P PMI, ISM Employment Index, New Orders Index, Services PMI, Services Prices Paid
Buy
Break: 12 750, 786, 848, 886, 924
Reversal: 12 709, 657, 630, 603, 565
Sell
Break: 12 709, 641, 603, 554
Reversal: 12 764, 848, 886, 924, 977, 13 004
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Line in the sand for DAX is 12817 but it is dealing with all important levels of market structure between August low of 702 & close of 817. A decisive move breaking of one of the levels and then continuing will set the direction.
Levels to watch today are 442, 677, 940 & 991
Macro US S&P PMI, ISM Employment Index, New Orders Index, Services PMI, Services Prices Paid
Buy
Break: 12 750, 786, 848, 886, 924
Reversal: 12 709, 657, 630, 603, 565
Sell
Break: 12 709, 641, 603, 554
Reversal: 12 764, 848, 886, 924, 977, 13 004
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Note
DAX gave some great trading opportunities on all three charts.Zone chart>>>
Green Goblin Chart >>>
Fibonacci confluence chart >>>
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Find my daily analysis + trades live & FREE 🆓 💰
👉🏼twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼tradingindian.com
👉🏼twitter.com/trading_indian
Learn my strategy and get indicators & tools 👉🏼tradingindian.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.