Russel Leading The DaxIn this update we review the price action in the Dax & the Russell and identify the next high probability trading opportunity and price objectives to target.
DAX1! trade ideas
FDAX UpdateSo FDAX did go oversold on RSI, taking US futures with it. Odd that Europe suddenly cares about Ukraine after ignoring it so far. Seems like it should've tanked last week, lol.
Anyways, RSI oversold with positive MFI divergence but at the same time FDAX broke support.
Safe play would be to short the rebound I think, not sure how far up it will go. Market will trade on Ukraine news, gonna be hard to predict.
Dax is on very strong supportDAX is on very strong support + RSI Divergence. If no bad news, It can go to new ATH. Must by With SL 14700, Braking 14700 can crash DAX
FDAX not oversold yetI said yesterday not to go long today, I guess I was right.
MFI is oversold on US index futures, but there's still the potential for a gap down Monday, so no long positions for me over the weekend. The other thing that's bothering me is that some stocks have still not filled the gap from Tuesday, stocks that usually fill gaps.
FDAX UpdateMFI hit overbought as predicted and it rolled over. Indicators are neutral but everything is trending down so possible gap down again tomorrow.
The thing is though, SPX tends to fill the gap if it gaps down 2 days in a row so watch out for that
FDAX UpdateMFI overbought, RSI isn;t there yet.
Could get overbought then reverse, so no projections on gap direction tomorrow.
FDAX Also Approaching overboughtThis is why I think the market gaps up tomorrow, I think FDAX hits the blue line again before reversing course.
Gap up and reversal is still my call for tomorrow,.
DAX30 approaching major support Dax30 ( germany 30 index) is approaching the 14830 support level for the 5th time in the last 10 months.
will it hold again or finally break?
FDAX1! Long : Channel Bouncing The price has been bouncing inside a channel for the past few days (little up and down movements), but now we have a wedge pattern with solid weekly support, and the price has reached the lower bollinger band, indicating that an upwards rise is the most likely possibility. Goodluck.
DAX: Caution – danger of slipping ⚠️Could somebody please hand DAX some chalk? Its damp hands could definitely do with a bit more grip over here. On its way to the resistance at 15711 points, the index has slipped off again, but luckily did not fall too deep. Right now, it has already picked itself up from the upper edge of the white zone between 15282 and 14933 points, trying to normalize its accelerated heart rate. We expect DAX to recover further and to continue its ascent. If it manages to climb above the resistance at 15711 points, it should rise even farther up to 16295 points.
If DAX loses its strength though, and tumbles below 14829 points, there is a 40% chance that it could make a detour through the magenta-colored zone between 14392 and 13805 points before hauling itself up above 14829 points again and resuming the upwards movement.
DAX 4hour :we must put buystop above high ,buylimit above greenmy 7 days ago buy in low still is open ,my target is 16000
buylimit must be above EMA200 1hour ok?
use low size and 100% put SL shown in above chart and wait near 8 day , dont close buy sooner than 16000(after +80 point , move sl to open price, then wait dax go up
dax in way to 16500
keep monitor AC accelator occilator in 30-240min chart
good luck
FDAX UpdateIndicators did not hit overbought but that DAX is showing weakness since it's up over 1.5% today. Could go either way tomorrow....
Short opportunity if it goes overbought tomorrow.
we must put buystop above red line near 15260if low not break(need big bad news) , we will see very powerfull + up trend soon ,so dont fear looking for buy on dax but very low size and SL in low or day low ,then wait 7-10 day (dont close soon , after 80 point profit,move SL to open price,let it go minimum to fibo 61% =15740
dax can create + butterfly pattern too
good luck
on dax watching and monitor 8month AC accelator occilator in 30min and 4hour chart , you must find its secrets and reactions( 90% of pro dax trader use AC on dax specialy AC on 4hour )
FDAX OversoldFDAX hit oversold on RSI and MFI as I predicted a few days ago (pretty good heh?)
Took out the AMZN pump, lol.
Anyways, oversold now, so good chance of a gap up next week. Only bear scenario is if Putin is crazy enough to invade Ukraine. Very doubtful that he's that stupid, but dumber things have happened in history. Hey, let's bomb Pearl Harbor, lol.
German DAX just lile Nasdaq had a DOJI REVERSALIn the past these signals tiggered moves to the prior swing low. But keeping the 2020 crash in mind it could go lower
So there are 3 Targets for this short trade:
Limit exit order at prior low
Trailing stop above prior days low
and the exit at 14000 in case of a crash
DAX advance decline line part 2 updatedDAX advance decline line part 2 updated DAX advance decline line part 2 updated
DAX 30 average stock drawdown ... DAX 30 average stock drawdown ... replaced indicator drawdowns of -30 % for -2 %
DAX 52 Week and 4 Week Highs and Lows updatedDAX 52 Week and 4 Week Highs and Lows removed tickers that were delisted and needed update for the new ones
FDAX UpdatePerfect projection yesterday and we got the gap down though that had more to do with FB.
Indicators are now in the middle but I expect them to head to oversold. No long positions until FDAX hits oversold because I hate dealing with gaps in the wrong direction
dont fear buy dax near 15100 and hold 10 day we will pick buy near 15100 and will hold it minimum to fibo 61% sl=14770 (pick very low size)
can you see W shape?
AC indicator and stochastic 4hour is green mean + up trend can start
if you fear inter buy,wait pinbar apear on 15 or 60 or daily chart then pick low size buy,but hold long time ,big TP
good luck
