FDAX UpdateIndicators are neutral going into ECB meeting tomorrow morning. No definitive gap direction for open tomorrow, regardless of what happens when the Village Idiot speaks in 25 mint=utes
DAX1! trade ideas
FDAX UpdateIndicators are neutral, but chart formation does look like teh highlighted area.
Doesn;t really matter because gap direction will depend on MSFT and GOOG earnings tonight.
FDAX DailyJust noticed that FDAX daily MFI hit overbought and rolled over, I guess that's why it finally had a down day for once, lol.
Based on what happened EOD today, there are still traders expecting the Euros to pump and gap the US market up, but that might be a dangerous assumption at this point.
My 3 hr indicators are neutral for tomorrow though.
FDAX UpdateLooks like a melt up, MFI is neutral. No indication of gap direction.
Gotta assume the gap will depend on TSLA earnings after market close.
FDAX UpdateRSI hit overbought with MFI divergence but this could be a melt up
I think gap direction tomorrow will depend more on NFLX earnings. TSLA tomorrow afternoon. NQ is oversold but staying out until after TSLA reports I think.
For those that don;t follow me, I just use FDAX to determine gap direction for the US market, not actively trading Euro stocks. Really no idea why Europe is so bullish, NOK tanked today
FDAX UpdateHit overbought on RSI and MFI this morning and rolled over. Yet another reason why I'm bearish for Monday, I might add some more puts EOD. Looks like it's just gonna do a whipsaw finish today because Friday is Ponzi 401k payday.
No numbers coming out Monday, so I'm expecting gap direction to be the same as Euro market direction
FDAX UpdateMFI hit overbought, RSI is not there yet. Looks like the Euros are the ones pumping the US market back to green.
I think the US market will trade on news regardless. Fed meeting minutes at 2pm, PPI and unemployment tomorrow, retail Friday.
DAX H4 Looking To Failure Just Above 16KIn this update we review the recent price action in the #DAX futures contract and identify the next high probability trading opportunity and price objectives to target
FDAX UpdateWent overbought on RSI again with MFI divergence. I think it goes down tomorrow morning and causes the US market to gap down. It may just be a back test of the old resistance though
In any case, US indices are not oversold yet, so no reason to buy the dip until tomorrow.
DAX H1 Looking To Fade Above 16000IN this update we review the recent price action in the #DAX futures contract and identify the next high probability trading opportunities and price objectives to target
FDAX UpdateWell, like I said yesterday (and many times before) the Euros determine the gap direction. They pumped before market opened and we got that big gap up.
FDAX MFI is now overbought though and German CPI release is tomorrow morning. high probability of a gap down tomorrow.
FDAX UpdateIndicators are neutral, but it hasn't hit oversold yet so there's a possibility of a gap down Monday despite the bullishness in the US market today.
the US market probably wants to gap up but the Euros dictate the gap direction much like this morning. I am planning on carrying a relatively small long position over the weekend.
As I said earlier in my ES post, expecting a whipsaw finish today.
Kinda tempted to add some IWM (small cap index) to my retirement account, I think there will be a garbage stock short squeeze next week. I don't recommend investing directly into garbage like PTON or AFRM, lol. Bad news can tank an individual stock.
DAX: Beam us up, Mr. Scott! 🖖Happy Birthday, William Shatner! Consistent with the great day of the actor playing Captain James T. Kirk in Star Trek , DAX was also beamed up – and considerably so. From the low of wave iv in pink, the index has shot upwards by about 5% and should still continue the ascent above the resistance line at 15 703 points, where it should complete wave 1 in blue. However, a 35% chance remains that DAX could slip below the support line at 14 617 points. In that case, the index would first develop wave alt.iv in pink to establish a new low in the pink zone between 14 299 and 13 863 points before moving upwards again.
FDAX UpdateNQ MFI is now touching oversold but FDAX shows no direction for the gap tomorrow. Indicators are neutral.
I still have my PTON puts, it's not moving with the market anyways, lol.
FDAX H4I think we might have at least a temporary top in place... I see further downside down to FIB support zone around 14200
FDAX UpdateOversold on both MFI and RSI
So Europe is gonna want to gap things up tomorrow morning, but CPI numbers coming out premarket
Probably more whipsaw, lol.
DAX 600Point Reaction FromSupport, What Next?In this update we review the recent price action in te DAX futures contract and identify the next high probability trading opportunity and price objectives to target
FDAX UpdateHit overbought last night and rolled over. Looks bearish for US open tomorrow.
Not sure if we get a gap down or if they sell off after US open
all index like dax,nasdaq,sp500 say:can start wild +up trend
ALERT = WILD + RALLY WILL START ON DAX-DOW-NASDAQ-SP500
2 scenario possible in next 9 month
1- wide zigzag and range (30% possible) or
2-break all high and touch new all time high (60% possible ,,,on dax reach fibo 161% = 19000 and in dow above 45000)!!!!
strongly advice you 90% looking for buy in deep and hold it to high (be careful from sell and put SL on last high,,,,save in mind = market can flyup)
wish you win my friends
ALERT 2= TRADE INDEX LIKE NASDAQ IS VERY COMPLEX AND HARD (ZIGZAG MANER) AND NEED MINIMUM 5 YEAR PRACTICE ON DEMO ACCOUNT , IF YOU DONT HAVE 5 YEAR DEMO EXPERIENCE ,DONT TRADE IT ON REAL MONEY
FDAX UpdateLooks pretty much the same as US indices, SI and MFI close to overbought but not there yet. The problem here is that it could go overbought and head back down before Monday open, so gap direction can go either way Monday.
I made enough money this week, I don't feel compelled to hold anything over the weekend.
FDAX UpdateGap direction has been hard to determine because FDAX is whipsawing, but it did bounce off of oversold MFI overnight, so I assume gap up tomorrow.
As I'm typing this someone pumped futures, lol.
DAX 1 HOUR say : it can go up to 158002 place is important (2 arrow on chart)
AC INDICATOR on 4hour chart show up trend will start soon (IF last LOW NOT BREAK)
alert= weekly chart technical say dax can go to 19000 , 100% be caeul from sell(put sl on last high ) ...90% looking or buy and buy pinbar
note= trade index like dax ,nasdaq need minimum 5-7 year practice on demo ,if you dont have it pick it on demo account,not real
if you have old sell, hedge them now then wait 2-3 month dax go p and back (down trend apear) then frist close your sell in low ,then on high close your buys
goodluck
