DAX Momentum Divergence Being AddressedIn 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
FDXM1! trade ideas
FDAX UpdateI told you guys yesterday that they would sell off the entire CPI pump and dump, and they did causing futures to go red. You can see the bounce, but there's also more room to the downside.
Could just be a whipsaw morning. No idea which way it goes Monday.
DAX: Approach to Resistance Area... how to trade it?Hi everyone!
The main trend on DAX is bullish so if you think about a short trade, it is not possible to anticipate the market/signal so it could be interesting to wait for a first bearish leg development on intraday chart and try to take a short position using the potential technical rebound (wave B) with stop loss above wave A (Top):
If there is no pullback, the next bullish target is around 16.230 area.
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dax 4 hour :sell pinbar comes on daily chartlet see pinbar on daily chart
abov e green arrow i will buy with sl=40 point for hold 7-8 day to high (in up dax can go to 15800)
alert = daxcan go to 14700 area , be carefull
good luck
FDAX UpdateFDAX RSI hit overbought with RSI divergence. They did the pump and dump on CPI numbers, 0.5% m/m inflation is NOT good news.
MFI oversold on US indices, so expecting a whipsaw day, I expect Europe to go down tomorrow, so I don't recommend holding a long position overnight. Every time there's a divergence in indicators between Europe and US, we get a whipsaw so watch out.
More bullish view on the indices but negative More bullish view on the indices but still negative. After all the market is negatively skewed to the upside.
FDAX UpdateIndicators are neutral but trending up. I guess this afternoon rally is an attempt to set up for a pump and dump tomorrow. No reason to rally on Powell, TLT is red and bond yields are up for basically every time frame.
The algos still need to make their money, I guess. My assumption was whipsaw until CPI next week anyways.
DAX 4 HOUR TECHNICAL SAY : it can go down to 15200 area dax in last week go up and touch fibo 161% (see green fibo on chart ) now it can go down to 15200 area , we have important trendlines and fibo 61% there
advice = sellstop in 4hour chart last low and SL on last high + buy limit in 15200 area
if you have old sells, dont fear be patient 20-30 day ,,,near 15200 hedge your sells and never never close hedge buys frist (main trend is up)
ALERT = TECHNICAL SAY ON BIG BAD NEWS dax CAN GO TO 14600 AREA TOO but i advice 90% looking for buy in next 3 year
good luck
FDAX UpdateMFI overbought heading into next week. Possible gap down Monday for the US market.
Don't really recommend holding a long position over the weekend in this whacked up market anyways, lol.
Powell speaks Tues premarket, no idea if he pumps or tanks the market. Stupid people are hard to predict.
FDAX Bull Flag?If the other half of dumb (Powell) and dumber (ECB) does the same thing tomorrow morning then we're looking at new ATH for FDAX. It'll be tough to short anything for a while.
Pay attention to what FDAX does premarket because you know they dictate the morning gaps, though probably not tomorrow due to META earnings.
DAX This Resistance makes all the differenceThe German stock index DAX broke today (and so far stays ahead of the Fed) above the 4H MA50 (blue trend-line). On our last analysis two weeks ago, we pointed out that a Channel Up similar to November's would form and its break-out will deliver the next move:
As you see, the price traded exactly within that short-term Channel Up and delivered excellent scalping opportunities to us. Right now it is still intact and we are still scalping, only willing to commit to the direction on the next break-out.
A break below it should be enough to target the 4H MA200 (orange trend-line) as it happened on December 28 and then rebound for another medium-term bullish leg. If the Double Top Resistance breaks first, we will go long regardless, targeting the top of February's Resistance Zone (15730). Further break will extend our selling to the 16300 All Time High.
On the downside, if the price closes below the 4H MA200/ 1D MA50, we will buy again at the bottom (Higher Lows trend-line) of the long-term Channel Up (blue) near the 13900 Support (December 16 Low).
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FDAX UpdateFDAX has just been whipsawing lately, no indication of gap direction for tomorrow.
HSI hit oversold on my 3 hr though so the Asians probably follow through on this pump.
DAX FUTURE 15MINDo you recognize a pattern??? I am wondering what the market is going to do tomorrow morning.....
dax 1 hour ; all pro waiting for dax crash to 14700we have 2 open gap on CASH PHISICAL DAX INDEX must fill soon or late
if you have old sell you must close all near 14700 area and pick buy and hold 1 month to high
FOR NOW = put sellstop in low and pick buy above green arrow ,,,dont close buy soon,,try hold them to 15800
ALERT= AS I SAY BEFORE : WEEKLY CHART TECHNICAL SHOW 19000 AS DAX TARGET ,,,,IT CAN FLY UP ,,,,BE CAREFUL FROM SELL
alert= trade dax and index are very complex need minimum 5 year practice on demo account ,,,if you dont have it,dont trade it in real account
Goodluck
DAX FUT/BUNDThe correlation between DAX and BUND suggests that, if we really have an H&S going on with BUND, then DAX is lagging and it should start to come down soon which is in line with our wave count.
DAX vx SP500: Is DAX highly over valued?By comparing the charts of US indexes vs European indexes we usuallly find pretty much the same patterns.
However there is something that really caught my attention, compare the monthly chart of sp500 vs Dax:
DAX is only 6,54% from all time highs of 2022
SP500 is 15,40% from its all time highs of 2022.
NASDAQ is 28,45% from it's all time highs of 2022
This difference is obviously linked to the different policies of central banks, however I wonder if such a huge difference is justified.
German economy has been highly struck by energy prices and German inflation is still 8,5% vs 6,5% in the US.
FDAX UpdateIndicators neutral but trending up.
Not really sure about gap direction for tomorrow, but US market appears to be melting up
DAX Trading The Bullish Sequence To Target 15500In this update we review the recent price action in the German DAX futures contract and identify the next high proabbility trading opportunity and price objectives to target
FDAX UpdateES1! RSI bounced off the oversold condition, but FDAX is not oversold yet. Good chance that it goes down to the old support line before bouncing.
Good chance that tomorrow winds up being a whipsaw day if it plays out like the way I expect it to.
Dax 4 hour =double top pattern,,,, pull back to 14800 possible for sell we are waiting pinbar on daily or 4h chart
AC indicator on 4hour going to signal sell ( if high not break
in 14750 I will buy and hold it 30 day to 15800-16000
good luck
ALERT=trade Dax and other index need minimum 5 year practice on demo
DAX Futures ( FDAX1! ), Daily Potential for Bullish continuationTitle: DAX Futures ( FDAX1! ), Daily Potential for Bullish continuation
Type: Bullish continuation
Resistance: 16274
Pivot: 13943
Support: 11829
Preferred case: Looking at the Daily chart, my overall bias for FDAX1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 16274, where the previous swing high is.
Alternative scenario: Price may head back down to retest the pivot at 13943, where the 23.6% Fibonacci line is.
Fundamentals: There are no major news.
DAX Pull-back to 4H MA200 likelyThe German stock index (DAX) is showing signs of exhaustion of the 2023 rally, following our strong buy signal last week. The 4H RSI hit and got rejected on the 84.600 Resistance level, which is where a Channel Up started on November 11 2022. The Channel Up made one last High before it broke below the 4H MA50 (blue trend-line) and started a correction (short-term) that hit the 4H MA200 (orange trend-line).
As a result, we believe it is worth to start building up sell positions for a medium-term pull-back to the 4H MA200. Keep in mind that the strongest long-term buy is when the 1D RSI approaches its oversold level of 30.000. That could happen, if DAX closes a 1D candle below the 4H MA200, near the bottom of the long-term Channel Up that started in early October.
The medium-term target is the 15500 - 15700 Resistance Zone of February and the long-term the All Time High of 16300.
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FDAX UpdateOverbought on RSI with MFI divergence. Also overbought on daily for both.
US market appears to be in a melt up but this scares me. Europe dictates gap direction, might be wise to day trade and buy the morning dips. Not really sure. Hard for me to hold anything overnight when FDAX is overbought
