I look forward to seeing a bearish GAP that causes a bit of boost in the DAX during Monday. We will have two clear targets. The first in 10745 and the second in 10780. I do not think we will see more than 10780. From there we can observe constant pullbacks between levels 10660 and 10760.
Hello to all ... Tomorrow we will be able to see some rise of the DAX. It will start with a bearish trend and then start some bullish positions although I think we will see many small pullbacks. The "sharks" are accumulating and that can cause that at once we have a "jump" both bearish and bullish. 1 Target - 10650 2- Target -10720 3- Target - 10750
DAX will start with a bearish GAP. It will continue with a bullish tendency until the zone of the 1 Target to return later to its downward tendency and to reach the zone of 2 Target. The Bearish Impulse is ending and surely on Tuesday we will see an upward trend. 1 Target 10750 2 Target 10600
Been few days wanted to publish this so here it goes. All reasons to buy in are on the chart (see above) A failure of this scenario to the should be considered ONLY if ONE of those is fulfilled: 1. the 1D RSI drops back below the red trend line - to not recover 2. if we fail to move above 385 between now and November 16 3. if we drop below 330-340 (support...
I think a test of the 2000 level in china is going to happen quite soon. It seems as if the only buying pressure coming off of the last selloff was from short covering, which is not bullish. Natural buying pressure seems low, but this may change at lower prices. Support at 2150 is strong, but may break soon; the next significant support level is around 2000 yuan....