Is GER30 running out of steam?The 4H, 1D and 1W time frames are showing quite the strong RSI divergence. Looking to short with TP around 13000.
Ger30sell
DAX GER30 2 possibilities for 2 more TOPS or 14147 biggest MaximWe can make 2 more tops as shown in the figure
with the max max of 14147 acording to past history
It may come down next week, from wednesday, because in the first 2-3 days there is no big volatility concerns.
DAX Sell oportunity this week (overbought)Let a like and a Comment with your opinion. I'll answer all commments.
DAX 1W OVERVIEWWe are living volatility times, what is good to accumulate nice profits, If we are follow good ideas and we are lucky too :) How do you see DAX for following days? Will be 11975 reversal area and our target can hit area around 11128 soon?
Short - Dax - long term Sept. with an expanded bottomI am staying bearish. Technicals might need a recalibration under current market conditions.
I do not see the Dax flying to the moon soon, especially when the ripple effect of supply chain management across the world becomes a bigger issue and might get some stops and holds on their output - export of the automotive sector.
Deutsche bank is not in the clear yet, and the chance they default or need to pull a Lehman seems more of a direction. I have no reason to be optimistic when the theoratical cycle seems to indicate a recession. I aimed for recession 2022, but it might get a much faster pace.
Clear Sell option in Ger 30, Target 11.800-11.600We can see a clear sell option in Ger 30,why?
RSI on most time frames in hell.
Bad economy data from Germany an EU.
Open Interest rate May 2019 is at 11.500.
We see first spikes of panik buys.
-> We have US Index rise from 22% + since x-mas 2018.
This will explode :D first we correct :D
Good luck.
Ger30 DEAD man walking on steroids. Clear D1 sell opportunity.Clear D1 Ger30 sell opportunity.
We haven't yet solved Brexit :D
We buy long bad economy data :D
April Option Interest is in focus of 11.420 :D
RSI D1 clear overbought sign :D
What is here going on?
Algos doing crap again. This runs on steroids.
Don't get trappet.
Target: 1 11680
Target: 2 11450
Dax Short @ 12775, this target was exactly reached!!Second Wave target is 12247,70 within 3 days. Good trading
UPDATE: DAX shows its cards, Patience for a BUY setupHi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
DAX : Huge downside possible (Elliott Wave)From this current chart which is one of the two counts I have currently (both extremely bearish), it looks like we can see huge down move in DAX.
Wave 2/B which moved up in 3 waves with Wave B (Circled) being a Running Triangle seems to have completed, but even it is still continuing the scenario for DAX (German Index) remains sideways to bearish and hence shorts looks attractive in this market situation.
Stop Loss : Swing High : 13205
Target 1 : 12268
Target 2 : 11859
GER30 short H4 target 12400Possible short in Ger30 after long raise, RSI H4 high.
Possible raise in EURUSD expected.
SL. 13.150 long term.
GER 30 Neutral AnalysisGER 30 Neutral Analysis
Resistance: 12481 - 12577
Support: 12286
This is not investment advice
Possible short down to 12.800 Ger30 againPossible short to 12800 again in Ger30 Index.
Possible double top at 12.330.
Target 12.820.
Enjoy. :)
Bearish Harmonic pattern in DAX or GER30 highly probable shortI found this pattern when i was looking at chart and all the credentials for the patterns seems to be satisfying the rules. Just an idea, lets see whether its get validate or not. Comments are most welcomed if something wrong about the pattern
Ger30 short, because it needs to :D Target 12909What comes aroud that goes around.
500 points without retrace in Ger30 are possile since the last 4 day, but they are not real.
RSI D1 is over 80% now.
Next targets 12.909 if last wave elliot finisched on D1
If this don´t work, long to 16.-48.000 :D
Idea GER30 (but only under normal conditions)Possible retrace 12.909 target.
If topbuilding near 13.500.
