DE30 Sell the downtrend.GER30 - Intraday - We look to Sell at 14099 (stop at 14181)
Trend line resistance is located at 14100.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 14100.
The trend of higher lows is located at 14100.
Preferred trade is to sell into rallies.
Our profit targets will be 13853 and 13763
Resistance: 14100 / 14160 / 14200
Support: 14000 / 13900 / 13800
Ger30sell
DE30 in Head and shoulders.GER30 - Intraday - We look to Sell a break of 13818 (stop at 13889)
We are trading at overbought extremes.
Rallies should be capped by yesterday's high.
A bearish Head and Shoulders is forming.
We look for losses to be extended today.
A higher correction is expected.
Our profit targets will be 13606 and 13511
Resistance: 14000 / 14100 / 14200
Support: 13900 / 13800 / 13700
Dax30 run out of fuelAs with all indices, since US election, Dax had a good run-up of 2000 point or almost 20%.
Now the index looks like running out of fuel and a drop to 12500 is possible.
I don't rule out a spike up towards 14k, but this in my opinion will be short-lived and can be used as a good entry point for sellers
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
Dax30- Target hit, now what?IN my previous analysis on Dax30 I said that although "timid", we can see an H&S reversal pattern for the German Index.
A break occurred and the price dropped quickly to reach the 11500 target.
In my opinion, we are at the beginning of a medium-term downtrend, and 12k should be very well defended by bears.
Sell rallies around this price could be a good strategy with a great R:R
DAX Crash | Covid-19 Retest | Bearish Primary C | 2500 PointsLISTEN UP AND LISTEN WELL!
THIS IS MY ROAD-MAP FOR DAX TRADING!
Sep 2020 - Dec 2020 Prediction
I am looking at the stunning reflection on DAX, on what it did in the past. These are called Fractals, self-repetitive patterns.
The Fractal is taken from May-Dec 2018 (blue color).
As per this Fractal, DAX is gonna hit the 10K mark, in gradual bearish swings. The shorting is just starting, as we speak.
THE RED DOT WILL SHOW YOU WHERE WE ARE RIGHT NOW.
My Elliott Wave Counts are in tandem, so are the Harmonics and Fibs.
We should have a retracement on DAX, but MAX 12500.
A 1500 points drop will commence there.
I WILL BE SELLING ALL PULL-BACKSS!
DAX (GER30 / DAX30) has completed Primary B (red), and now in the bearish rotation Primary C (red), for a retest of the Covid-19 Fibonacci Retracements (61.8-78.6%).
Good luck and many pips ahead!
Richard T.
GER30 SELL after the fake WICK at 3:15AM - 3:45AM EST I have studied GER30 for the past 2 years and I am learning the markets movements and its ability to move during the London session . I am not a Perfect master trader but study and look at the market for yourself . Get30 should fake wick in the opposite direction before continuing into the correct direction . Tonight I see that the market will be bearish due to the Brexit deal , Bearish GBP setement and the dollar reversing . If either of those ideal confirmations fail due diligence and mark your charts for a reversal . If GER30 can respect the trend and Sell from the Head and Shoulders this sell can happen today/tomorrow . If GER30/US30 breaks the all time high and closes I will look for a break and retest of the high for continuation. I am a market maker .
DAX30 possible bearish moveQuite a slow day however seeing some hints of a bearish move so putting my position in. Let's see how this day rolls :)
GER30 in the Neutral Range again - Wider Look on the ChartHello to all watching my charts.
I got a lokk at the German GER 30 Index Dax (R) and what we see is
that i have divided them in 3 parts
Long Part: Above the Aerea of 12770
Neutral Part: Between 12540 and 12770
Short Part : Below 12540
These Marks are always at GER30 Plus Minus 20/30 Points
cause thse Inex is bounce arond always since years.
Maybe we will get an inverse SKS here in the big picture
but that we have to wait on the right shoulder shich is not here.
If the indexx bounced big above 12770 than we got it
and that would be a big LONG signal.
Good trades.
If you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
DAX: where to start short againLittle bullish correction movement for #DAX
8850 could be a good level to start selling again