I just realized i had posted this chart as private 2days ago. Wish they have a convert function. :) Hey ho.. here is the progress since then. Still valid. ----- We don't fully know which of the fundamentals news would be used to drive this up and then down. However, IF there happens to be such news events, this could be a set of potential price action movement...
IN the Past we had about 2 Months of shorting DAX,Indikators seem oversold. Dow S&P are pulling back with an inverted Head and shoulder. This might be a Big Trap for all Shorties, and will be a painful squeeze if tomorrow the FED brings Data were every1 is pleased with.
Long term long still open but will scalp futures in the process.
Analysts are expecting US equities to drop a further 10% which could drag the GER30 lower but I carn't ignore the price action at the moment and the PinBar on the weakly and the recent breakout of a consolidation on the 4hour chart leads me to think we are on the way back to 10000 posibly 11000