Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
LAND SECURITIES GROUP PLC ORD 10 2/3P, BURFORD CAPITAL LIMITED ORD NPV (DI), SMITH & NEPHEW PLC ORD USD0.20, BIDSTACK GROUP PLC ORD 0.5P, LLOYDS BANKING GROUP PLC ORD 10P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
GER30 is Bullish - We look to Buy at 12750 ▪️ Trading within a Bullish Channel formation. ▪️ The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. ▪️ Bespoke support is located at 12750. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12750,...
GER30 is Bullish - We look to Buy at 12110 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Trading within a Bullish Channel formation. ▪️ Bespoke support is located at 12110. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 12110, resulting in improved risk/reward. ▪️ Expect...
The stock market has been pumping and with things coming back to normal, we are going to likely be climbing back up to pre-covid19 levels, but nobody knows this for sure, so I find marking key levels of support and resistance helps me keep track of my bias so can take trades accordingly. Once the levels are nailed down the execution becomes the next...
Rising wedge on the 4h, could this possibly lead to a continuation of the broader downtrend in the coming month?
Early notice for high vigilance on lower time frames. See this 3D channel.
We look to Sell at 13305 The medium term bias remains bullish. Price action has formed an expanding wedge formation. We have a 78.6% Fibonacci pullback level of 13307 from 13380 to 13040. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected and we prefer to set shorts in early trade. Expect trading to remain...
DAX is on its way to retest all time's market high. I think that this time we may see a fake structure violation before the retracement from the underlined resistance. Pay close attention to the market when it enters the underlined area and look for a "W" formation to open short. *I am not suggesting to catch a big...
Looks like this is getting away from our ideal entry level. However, it looks a good candidate to buy on dips on the short term. Trade Idea Broken out of the Head and Shoulders formation to the upside. Positive overnight flows lead to an expectation of a firm open this morning. Price action looks to be forming a bottom. Bespoke support is located at...
Trade Idea Broken out of the Head and Shoulders formation to the downside. We have a 38.2% Fibonacci pullback level of 11773 from 12598 to 11263. The trend of higher lows is located at 11761. There is scope for mild buying at the open but gains should be limited. Preferred trade is to sell into rallies. We look to Sell at 11770 Stop: 11820 Target 1: ...
Trade Idea Broken out of the Head and Shoulders formation to the downside. Bespoke resistance is located at 12295. There is scope for mild buying at the open but gains should be limited. The formation has a measured move target of 11727. Further downside is expected although we prefer to sell into rallies close to the 12295 level. Stop: 12345 Target 1:...
DAY TRADE - EXPIRES AT 9PM Trade Idea Trading within a Corrective Channel formation. Bespoke resistance is located at 12300. There is scope for mild buying at the open but gains should be limited. Broken out of the Head and Shoulders formation to the downside. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. Stop:...
DAY TRADE - EXPIRES AT 9PM Trade Idea Trading within a Corrective Channel formation. Bespoke resistance is located at 12300. There is scope for mild buying at the open but gains should be limited. Broken out of the Head and Shoulders formation to the downside. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile. We look to...
DAY TRADE - EXPIRES AT 9PM UK Trade Idea Trading within a Corrective Channel formation. Bespoke resistance is located at 12400. There is scope for mild buying at the open but gains should be limited. Continued upward momentum from 12195 resulted in the pair posting net daily gains yesterday. Preferred trade is to sell into rallies. Expect trading to remain...
DAY TRADE - EXPIRES AT 9PM Trade Idea Trading within a Bullish Channel formation. We have a 50% Fibonacci pullback level of 12130 from 12661 to 11600. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. The medium term bias remains bullish. Preferred trade is to buy on dips. We look to Buy at 12130 Stop:...
Trade Idea Trading within a Bullish Channel formation. Bespoke support is located at 12435. Positive overnight flows lead to an expectation of a firm open this morning. Further upside is expected although we prefer to buy into dips close to the 12435 level. We look to Buy at 12435 Stop: 12365 Target 1: 12675 Target 2: 12800 Daily market report July 8th...
Dax has returned to within the broad topping pattern seen over 2017-18. While this is not ideal action, the fact that the market broke down in the first place and is held in check by our moving average still provides a bearish posture. Our first target (yellow horizontal line) has been negated for now. Taking out last week's high on a closing basis will...
I have been watching the DAX H&S form for a while now. This pattern has now been confirmed with a break and weekly close below the neckline. A descending neckline indicates fundamental weakness and could imply a swift drop. I am short with a first target in the 10,700 area, and my ultimate target under 10,000.