marti_marti

marti_marti

Negative divergences on Daily charts finally started to impact the chart. False B/O on last stage of the UP move ? ... Most likely. If you are the BULL ... pray to hold the previous highs/support. IMO if even this will take place - will be shortliving. Good Luck !

marti_marti

GAP ... GAP ... and the TARGET that's all ! Good Luck !

marti_marti

So high ... so fast ... ? Too high ... too fast ! AAPL earnings after bell today ... do feel the tune ? ... first dissapointment since years is coming Good Luck !

marti_marti

This market is way weaker than US markets - like most of EU markets and Asia. End of Q1 is behind us ... let's focus on Q2 Good Luck !

marti_marti

Last two days we had window dressing rally , after auntie J speak. Have you listen carefully enough what she said ... ? Literally she was confirming that FED was wrong hiking rates back in December 2015 ! ... and back to near zero % is likely if needed. Really ?! So what state is the economy in this case ? Negative rates has not been mentioning yet ... but , what...

marti_marti

Market rally from FEB low should come to an end - as it reached 200 DAY MA again. Below we can see unfilled GAP - which should be the FIRST target of the anticipated down move. Will FED save the markets ? ECB / BOJ are marching it's way ... FED should march it's way also. Good Luck !

marti_marti

Looking to reach end of wave C/3 ? still on this chart ... 8380 area is at least to bee seen - if not lower in this scenario. Good Luck !

marti_marti

There are opinions that we can see a Doubble bottom pattern on this chart... I prefer to call this as ABC correction instead , short entry at C/4? ( 2 was sharp - then 4 should be flat one ) could be seen above 1947 level or as close to it as possible. Good Luck !

marti_marti

Bearish scenario is playing out on this market since the TOP was made one month+ ahead vs US markets , 200Day MA was breached as so called 'False B/O' for few days and dumped hard again , 2015 was still positive at the end - but well off it's high in April , Waiting for wave C? is the best scenario for BULLS ... for now. Good Luck !

marti_marti

Bearish outcome still remains valid , 200Day MA rejected the price again , 2015 was one giant distribution period and first down year at the end since 2009. Waiting for wave C? is the best scenario for BULLS ... for now. Good Luck !

marti_marti

Trend Line has been broken and GAP filled and closed. Time to test the trendline - or fall below again as a False B/O ? Good Luck !

marti_marti

This is a very strong REVERSAL formation ... for bears camp. It was also fourth Lower High from peak at 2134 TOP ... Back test at 2092/4 is possible today and that's it. Good Luck ! www.youtube.com

marti_marti

This short term up move as the correction seems to be over now - hitted 200DAY MA last week. Downtrend line has been tested again yesterday. Now we should see next down move , close the GAP and move forward lower. If next down wave will be equal the previous one ( red price range arrows ) the Target will meet around 8580pt. SL above 11055 Good Luck !

marti_marti

GAP has been closed 3 weeks ago ... and up move continued Can we look for this to go up further ? Doubt it. Good Luck !

marti_marti

Mario D. has mentioned that even more negative rates are in the cards for the future ... Chart is looking like Bear Flag has been violated already .... FED decision today will tell the story ? SL above 1,1140 Good Luck !

marti_marti

From todays ECB realese we can estimate that no more QE ( in near term ) is in the cards ? www.ecb.europa.eu This could be the 'trigger' for finall relief rally to fill the GAP ... or just to hit upper chanell band for Third High SL below 1,1305 Good Luck !

marti_marti

Destribution ZONE has been sharply abandoned ... after six month of building it. Now price has reached back almoust the lower band of it at the 61,8Fibo resistance + Starting GAP. Will the GAP be fiiled ? (1,28pt left) ... Could be - but does it make any difference for anybody. The next sharp leg down move is about to come next. Good Luck !

marti_marti

DAX is incredibly weak since some time now vs US markets ... This chart is poiting straight down from bear flag ... retest of August lows is on the horizon ... new lows to come ? Good Luck !