GER30 CFD
GER30 Buy the dip.GER30 - Intraday - We look to Buy at 15101 (stop at 15033)
Daily signals are bullish.
We can see no technical reason for a change of trend.
A lower correction is expected.
We look to buy dips.
50 4hour EMA is at 15090.
Support is located at 15100 and should stem dips to this area.
Our profit targets will be 15284 and 15348
Resistance: 15280 / 15375 / 15400
Support: 15180 / 15100 / 15050
Dax week 15 analysisHello everyone,
This week, I offer my analysis of the movements of $GER30 during the week and my outlook for next week.
Have nice reading and be pleased to comment if you want.
So, what happens last week?
I will call last week a « calm week », waiting for news from the companies which will arrive next week.
Monday: It was a holiday and we saw a start of profit taking in the evening in some asian indices.
Tuesday: The futures anticipated a very high start with a new high for $GER30 thinking it will cover the missing rise of the previous Friday and Monday. That is why I decided to take a position at the highest point of the week. Then, the day finishes with low gains.
Wednesday, Thursday and Friday: No event took the lead on the market, it stay in a range around 15200.
The market is waiting for the push over 15300 or the pull back under 15000 thus most of the investors are currently keeping the position.
My perspectives for next week in line with my previous sentence.
The FED director give today an interview talking of a new wave in US which could lead to a take profit this week, but with the current situation the market could react at the total opposite direction.
My view for this week is a take profit towards 14600 - 14700.
What to follow next week?
- Monday: European Retail Sales, US : 10 Year Note Auction and Federal Budget Balance;
- Tuesday: UK Manufacturing Production, German ZEW Economic sentiment, US Core CPI;
- Wednesday: European Industrial Production and US Crude Oil Inventories
- Thursday (Big day like always):
- Australian Employment change;
- US: initial jobless claims Core retail sales, retail sales.
- Friday: Chinese industrial production, European CPI.
I wish you a good trading week,
Please feel free to ask me questions, I will be glad to connect with you over the comments or by private messages.
Stay safe,
Alexandre
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15282 (stop at 15214)
Daily signals are bullish.
Broken out of the wedge formation to the upside.
A break of bespoke resistance at 15260, and the move higher is already underway.
We look for gains to be extended today.
We can see no technical reason for a change of trend.
Our profit targets will be 15478 and 15558
Resistance: 15260 / 15300 / 15375
Support: 15200 / 15160 / 15100
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15303 (stop at 15232)
Daily signals are bullish.
We can see no technical reason for a change of trend.
Broken out of the wedge formation to the upside.
We look for gains to be extended today.
A break of bespoke resistance at 15300, and the move higher is already underway.
Our profit targets will be 15496 and 15556
Resistance: 15300 / 15375 / 15400
Support: 15200 / 15170 / 15100
DE30 sell opportunityI see a sell to fill the gap below, the DAX has seen all time-highs going into this week and although it has the potential to continue up to 15500 at some point I believe a retracement is its next major move.
break red trend will open dax crash you know we have 2 powerfull open gap on cash xetra dax , must fill soon or late
dax on up move is very overboght and break red line couse all buyers inter sell ,we advice dont inter buy now above 14700 and wait until gap fill ,if you have open buy put SL on red line and DONT REMOVE IT
if you have open sell,dont fear ,dax will fill 2 gap (on gap 1 hedge your sells,on gap 2 close all sell)
after gap 2 fill (currection) dax can start new + trend to 15400
in break red line 2way can happend =bad news+ fast crash to fill 2 gap or witout bad news and soft down trend with zigzag
ALERT= break gap2 mean dax want see fibo 161%(dax traders love fibo 61%-161%) 14000 we have important trend there
our 14 year exprience on trade dax say us dax will see 14000 soon ! !!
VDAX ready to jump up
DAX getting ready to correct according to time cyclesDAX getting ready to correct according to time cycles. 15200 was a key point. we might get a last spike up to grab some liquidity. XETR:DAX GLOBALPRIME:GER30
DE30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15081 (stop at 15026)
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Posted a bullish Flag formation.
A break of 15080 is needed to confirm the outlook.
We look for gains to be extended today.
Our profit targets will be 15231 and 15321
Resistance: 15070 / 15150 / 15200
Support: 15000 / 14950 / 14900
Candle in the wind?Sometimes a single candle can make a difference. How? It could trigger a trend change.
This is not a prediction. It is vigilance for a trend change. Single candles on any time frame often fail.
Position is everything (well not exactly). Some say it's luck. I say it is a chance to see how wrong I am. Acceptance of being wrong for a controlled loss is the business.
If one cannot afford to lose in this business, then winning is practically impossible.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
DE30 Sell the trend of higher highs.GER30 - Intraday - We look to Sell at 14777 (stop at 14831)
The trend of higher highs is located at 14770.
Pivot resistance is at 14810.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 14631 and 14581
Resistance: 14750 / 14780 / 14810
Support: 14700 / 14630 / 14570
Ger30 DAX sell to13850 monthly.Possible turnaround at 14.700-14850.
Issues: Monthly
RSI + Bollinger + Trend channel
Targets: Monthly (April 2021)
14.400
14.186
14.000
13.850
Good luck!
www. aiart. one
DE30 Sell a Break setup.GER30 - Intraday - We look to Sell a break of 14566 (stop at 14624)
Trend line support is located at 14590.
Bespoke support is located at 14570.
A break of 14570 is needed to confirm follow through negative momentum.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
Our outlook is bearish.
Our profit targets will be 14416 and 14345
Resistance: 14600 / 14650 / 14700
Support: 14570 / 14520 / 14470