DaxiDriver

DaxiDriver

Good morning traders. bulls were strong but will they last. watch 12520. if it holds - 12600 is an option. drive safe

DaxiDriver Updated 

Good morning traders. Basiclly im still short from yesterday top = 61.8% retrace = 12370. Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here. 2 options on the table. SPX bounce once again. could leed daxi back to 12400. SPX breaks 200MA down. daxi RED. watch the fib lines for possibale turn point + the orange pivots as...

DaxiDriver Updated 

Good morning Traders. On last dance before we pull out the blanket and aiming to 11600. We might late bullers buy it into 61.8% retrace - 11367 - but thats not a must. We might even topped and heading south from here. Drive safe

DaxiDriver Updated 

Hi traders. the latest news ( edition.cnn.com ) about north korea test will brind DAXI down. in general, we still have bullish power, and can expect more 1 push up (mybe later this week). BUT lets watch this war boiling. watch the fibs level + pivots to support. Safe Missile test !

DaxiDriver Updated 

Good morning Traders. We are in really diffcult time in US market. Good news mixed with korea fear. But lets not trade the news. I will expect US market to keep pushing (labor day, low volume, bullish bias). Question is until when ? So stay tunes. for daxi we might see some morning profit takeing, but thats not a must. Drive safe !!

DaxiDriver

Good morning Traders. I expect dax 2 push up to close the gap opened yesterday. thats for first target ... then we'll see where US is heading. might get short. drive safe.

DaxiDriver Updated 

Good morning traders. Friday is here. what a joy. here not much chanded. still waiting for the last drop before bulls will rull again. REMMBER pivots line (ORANGE COLORED, weekly and daily on screen), if you think to jump in. Drive safe. Let the padestrian cross first ! the chart here should be valid for few days now. Lets watch.

DaxiDriver Updated 

Hi Traders. the bias is bullish, but price just doesn't go up strait. so retrace is expected, and if the bullish bias is on, a 38% - 50% retrace is ok. drive safe.

DaxiDriver Updated 

Good morning traders. Daxi will retrace, question is when. I think we'll see late sellers from yesterday, and then bulls power. Safe drive

DaxiDriver Updated 

Good morning Traders. Vaya con dios. Is it today ? first listen. www.youtube.com Summer sale is here, just meter of timing. So let's see. Drive safe.

DaxiDriver Updated 

Good morning traders. Bulls in power, but they need to rest soon. 2 things 2 watch - 1 - 12335 - if breaks and hold we continue up. 2 - us market. if continue high then daxi will follow Enjoy the ride.

DaxiDriver

Good morning Traders. Summer sale is here. question is when will we see some retrace. We might just see US continue to slip slope. Just to remind you, in last 2 Fridays we had great volatility. Im still not convinced DAXI had bottomed. Drive safe.

DaxiDriver Updated 

Good morning Traders. I'm expecting to some decent retrace around the 50%. BUT remember we are in bear market. Drive Safe.

DaxiDriver Updated 

Good morning traders. Not much change from yesterday. US is in retrace mode. Watch how suddenly BAD news are in ... So we might see some bound range activity but my final target is 12000 still. Drive safe.

DaxiDriver Updated 

Good morning Traders. Bear in mind. SPX hit 2480 yesterday. a retrace in US market expected sooner then later. My main target is still 12000 as of US retrace. mean while we can test the 12300 region for double top. but not a must. Drive safe.

DaxiDriver

Good morning traders. Today 12350 is our target. it it fail to hold then the way down is open. i still expect US market to do some topping. So we might see morning sell-off, to around 50% retrace MAX, then, IF, US will top, DAX will follow. still Bearish pattern on the 4Hr chart. Save Drive.

DaxiDriver

Good morning Traders. hard to tell now where we heading. So use orange pivots as entry points. We'll update as we'll get close to us OPEN. Drive safe

DaxiDriver Updated 

Hi traders. Try To keep it simple. Sell-off and then up again as i expect S&P to GO UP again. Daily pivots in orange. Weekly pivots in Green. use them as entry points. Good luck.