Here I go short DAX at 14370. Two trades, one to cut a bit early and the other one for a potentially larger profit. I'm taking this as SPX and USD are still behaving as we are in a market of sellers (SPY dropped below resistance and USD keeps going higher). Europe should eventually US and can't keep running in its own. AS always, not financial advice, these...
Rage against the machine
I am already long but price convinced me to go leveraged now. I will cut at 1400.
VIX ain't going dow but if it does, it's going up again very quickly. Bullish technical structure and selling seasonality makes this a buy.
Unless rates start going back up again, this seems to be in slow and steady free-fall.
I don't think EUR will dip further than 1.205 and I am buying again at that point.
Don't see how EBC can keep the Euro down. Will be looking to open a long Euro swing trade with Lagarde's upcoming speech.
Typical mean reversion process of DAX. Tomorrow it goes lower and settles to a new lower mark.
For personal reference. Break-out of the range will see melt-up. Failure to keep above 3545 may see another leg-down. I'm speculating there will be another run with job openings today but I am bullish on the DAX and not the SPX.
Will wait for price action on open before entering in.
What I see is that the DAX can't go to its previous high and is grinding lower, crossing its support levels consistently.
Gold mining stocks move with price of gold.
I think we will have more clear indication of what will happen to the Dollar once it hits the 91 Dollar mark. If it goes below this it may go well below. If it retraces and stocks go down, it my be the end of the Dollar bearishness. It is also in the interest of the Fed and US government to keep Dollar down. Will they be successful today with Fed announcement?
Just chart pattern. Have no idea about the idea. I am getting some generic information from my friends who work in the industry and will think about buy if they seem to be a solid company.
Looks it has found resistance and going down back again in its channel.