Hello trader,
The DAX is facing the biggest reform since it was introduced in 1988. In September next year, the German benchmark index is to be expanded from 30 to 40 corporations. In addition, companies will have to meet stricter regulations in the future - also in response to the Wirecard scandal.
On the other hand, after protests from investors and armaments...
As with the Nasdaq, we see a bearish Wolfe Wave on the SPX.
After the sell-off at the beginning of the week, we changed into the bearish trend from the Wavereader, but were pushed directly back into the overbought area, as usual in this market.
The good thing is: this gave us a fresh sell signal.
It was not even tested the 0.786 FIB level in the sell-off, which...
We are at a zone where we encounter three reasons to resist.
1. 0.786 FIB Level
2. descending trendline
3. 4h S/R level
In addition, we have 2 sell signals of the Wavereader.
I don´t need any more reasons to try a short here.
Hello Trader,
good mood and profitable trades ! 💲
After the doublebottom retest, Nasdaq was able to kick up quickly. IMO we are currently fighting with the doubletop neckline.
I assume that we will break it with a goal of 14,000.
Good fundamentals in the background. The FED announced that teppan will be further delayed. In my opinion, good explosive for bulls...
Hello trader,
good mood and profitable deals 💲
New ATH not sustainable !
Current surveys say that investors predominantly have growth shares, i.e. Corona winners, in their portfolio.
But investors will also need money for After Corona shares. Which is currently not there, if you consider the investment ratios (data from AnimusX),
which are just below the ATH...
When we looking at NASDAQ for
Buys: We need to break the Key Psycholgy level 14000 and Weekly/Daily/4H Ressistance then we can enter at the Retest to look foward for NAS to make new Highs during the week
for
sells: wee need a breakout of our zone that we marked up so if we can not break the ressistance i would look foward to sell at this point
!! a lot more...
