Up and awayIts been said the markets are set to have a big week as the Federal Reserve, the Bank of England and the Bank of Japan all set to hold policy meetings and Non farm payrolls on Friday.
There will also be big tech earnings.
Us30: From what I can see Us30 has reacted from a demand zone very well which is below break on the BSL (BOS on a high time frame) and I'll look for it to continue hopefully to 41414.72. Price is still hovering above and outside Junes range so I'll expect August pricing to open and close outside that area.
Ger40: DAX has me questioning my analysis because it hasa been very sideways and hard to read. Not too much strength in movement and still in Junes price range. But as I set back and analyse I have to remember this is just and accumulation phase which could indicate storng movement coming or a reversal. All of my own mark up lead me to think price needs to reach 18920.5 but I will have more confidence if price can show strength and pass 18645.1
