Good morning traders. Bull Flag here in daxi. (if u cant see the main chart, just move it down) Wall in Euro. Cypher Pattern in Spx. Drive Safe
Hi Traders, just quick review on the EURO buy sutep here. look at the bottom, in circle, the price didnt move in the last 3 hours, add to is a bullish RSI reading. s3.amazonaws.com and look now
Good morning Traders. Price still holding here. also the BEAR div. we will have 2 combine SPX + EURO analysis to get a better understanding. 1 hr chart, even greater Bear Div SPX hard to tell but RSI looks bearish to me and finally - Euro - Rsi reading is extremely Bullish, and support the bearish move on DAX, if continue to rise Drive Safe !!
Good Evning traders. Great friday we had with nice rally on SPX. but boy oh boy, the bears won at the last candel. and they got great DIV. so i am expecting some retrace, 50% would be fair. reverse UP here will mean BULLISH trend continues.
Good morning traders. Still in Triangle structure. So drive safe :) and watch US market. SPX chart also here ...
Good morning traders. while Daxi and SPX are struggling to decide, EURO gave us plenty of fun. We need a break to each direction for a clear view. We watch the euro as it fight's for more BULL run. it will Bearish effect DAXI. Drive safe
Good morning traders. Still in top formation with not much to add. Waiting for bears to kick in. Euro reached 61.8% retrace, so we need to watch if this true. UP move will have bearsih effect on DAXI. SPX also looks ready to turn. BEAR divergence all over. Stay tuned.
Good morning Trdaers. another intresting Top formation. DAXI still holding, div bear is here. Euro hit big supply zone, marks on chart - bear div BUT 50 ma cross up 200 ma and all trade is above the MA's. Spx - hit the 61.8 % retrace. So very intresting here, we need to watch euro action, if it manage to break up, it will help the bears on DAXI. drive safe
Good Week Traders. Top formation in DAX & US market. Bottom Formation in EURO. it just metter of time until we see the TURN in markets. Euro - Bullish DIV, almost compilting the H&S. Dax - 13080 next resistance. SPX - still place to push up, no clear bear DIV. Hard time to trade. stay tuned.
Good morning, Did DAXI just topped ? we will look @ EURO & SPX to confirm this action. EURO looks bullish with immidate target of 50% retrace. SPX is unclear and hard call. Drive safe.
Good moring traders. Daxi keep push high, supported by EURO drop and US market ATH (all time high). Daxi will start his way back with EURO going up. both charts here. Drive safe.
Good morning Traders. Congrats for Angela merkel !! Lets See how happy DAXI will be today. With strong resistance starting @ 12660 to 12695 and BIG BEARSIH DIV on rsi. but remmber, rsi is not a sell signal by itself. so be catuion, espacilly when US market is topping to. Drive Safe.
Good morning traders. No much change, still rageing. we need a break 2 any direction. Euro is pussing dax up i think. We need 2 see if Euro will hold now, and turn up. this will help the BEARS on dax. Up move with low volume.
Good morning traders. Today we keep the channel UP. 12600 is our main goal for today. BUT remmber this area should be top for now, so beware. our next target will be 12400, but thats for the rest of the week. Drive safe.
Good morning traders. We stuck here with DAXI. since US markets are forming a topping formation, not much movement. A double break of the orange line will be sell signal. Also RSI A-B setup is bearish (BUT it's 1hr chart. on daily frame there is no BEAR DIV) So we might face another rageing, boaring day :) Better go off and enjoy life today ...