The Dax tested the support 12 199, however the breakout of this level failed. From there, we continued upward in the already established uptrend. The resistance 12 258 has been breached, where we saw a slight reaction from sellers. The session ended in an up-session at 12 290. Important zones Resistance: 12 425 Support: 12 259, 12 199 Statistics for today...
The daily range was yesterday again a lot smaller than is the average = 62 points. The normal daily range is around 110 points. Due to the small range, Dax did not test any of our SR levels. Dax also did not close the gap and today we are opening in the range of Monday and the gap was already closed. Important zones Resistance: 12 281 Support: 12 032, 12...
Here's the results from my statistical analysis for Bitcoin on the weekly chart. BITCOIN STATISTICAL RESULTS DATES: 02 Sep 19 / 08 Sep 19 CLOSING BETWEEN (at 08 Sep 19): 8939.51 - 10690.14: 61.50% 8064.20 - 11565.45: 80.50% 7188.89 - 12440.76: 86.00% P.S. This indicator is not for sale and will not be published. DISCLAIMER: This is not financial...
Here's the results from my statistical analysis for Light Crude Oil Futures (CL) on the weekly chart. LIGHT CRUDE OIL FUTURES (CL) STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 52.70 - 57.28: 71% 50.41 - 59.57: 94% 48.11 - 61.87: 99.50% P.S. This indicator is not for sale and will not be published. DISCLAIMER:...
Here's the results from my statistical analysis for S&P 500 E-mini Futures on the weekly chart. S&P 500 E-MINI STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 2877 - 2933: 75% Probability 2849 - 2960: 93% Probability 2821 - 2989: 98% Probability P.S. This indicator is not for sale and will not be published....
Monday's session started with a sharp upside move. As expected, sellers entered the market at our resistance level of 11 611 to correct the uprun, but not for long. The same scenario occurred once more at the following resistance zone of 11 645 which also didn't have long lasting. The 11 611 zone functioned as the support for another bullish push towards the end...
Our yesterday's analysis turned out absolutely successful. Dax bounced from our mentioned trendline, broken Wednesday'shigh and then returned to Wednesday's range, which had a statistical probability of 77%. Today we open with an ascending gap. Important zones Resistance: 11 899 Support: 11 759 Statistics for today Detailed statistics in the Statistical...
Tuesday's session was a bit odd from our point of view. Dax initially descended to our support at 11 646, but rather than bullish correction we hoped for, price action rather slowed down. Dax then closed near it's intraday low and today we open with an ascending gap. Important zones Resistance: 11 691 Support: 11 560 Statistics for today Detailed...
Monday's session turned out as per our expectations. Although there was no short to capitalize on, one of our hypothesis was the significance of trend-line to support bullish traders. The resistance at 11 723 slowed down the price incline but no big short correction was seen. Today we open with a small ascending gap, which has a 60% probability of closing. ...
Monday's session brought the initial short which broke our trend line. After breaking yesterday's low, buyers stepped in to retest the trendline just to allow bears to take it lower again. The price was then closed near its intraday low. Important zones Resistance: 11 899, 12 031 Support: NIL Statistics for today Detailed statistics in the Statistical...
Yesterday's session was a bit odd. Dax behaved lazily all day long and has broken neither low or high of the previous day. The support level at 11 615 hasn't functioned either. The price opened with a small descending gap today which is already closed by the time we write this. Important zones Resistance: 11 702, 11 845, 11 899, 12 031 Support: NIL ...
Bulls were fast yesterday to take the central stage right from the beginning. The uptrend was steady with slight corrections on the way. Their efforts were halted by US President Trump and his flash Tweets which sent global markets to a hole, Dax inclusive. The session was closed lower at 12 065. Important zones Resistance: 12 283 Support: 11 979 Statistics...
We welcome you by the last DAX analysis of the month. We expected a downside yesterday with lazy price action. It was pretty clear shortly after the open that the volatility was beyond laziness. The price sliced through the support of 12 368 like a knife and within two hours, Dax stretched its range to some 170 points. Today we open with an ascending gap. ...
Exactly as we predicted yesterday, the statistics proved their strengths yet again. We couldn't be happier as these historical calculations have huge success! Dax broke through Friday's high, which had a probability of 87% and therefore we've labelled the analysis with a bullish bias. After the high was broken, sellers corrected the price action just to hand over...
Yesterday's session was exemplary from the price action point of view. The descending trend line functioned as a resistance and the price bounced off that level. Bears were aggressive enough to create a strong momentum, pushing Dax lower till the session end. This strongly negative day was closed at 12 294. Important zones Resistance: 12 293, trend...
Monday's session started wild and many traders were facing problems with unexpected volatility. Dax first spiked upwards quite prudently, just to correct itself soon after. If you remember, we suggested not to trade yesterday as the price development was unpredictable. Good to those who took a break. Dax also broke both Friday's low and high, which had a very low...
Friday's price action ended prematurely, soon after the session opened and Dax fell by some 80 points. Following was a sideway movement and closing in the middle of the intra-day range. Today we open with an ascending gap which might soon be closed. Important zones Resistance: NIL Support: 12 277 Statistics for today Detailed statistics in the Statistical...
Wednesday's session was interesting too. Dax first started to descend towards our support at 12 326. shortly before this level, bulls took control and the price shot aggressively up. After a prudent upside move, Dax dropped again slowed down significantly. The statistical probability of closing inside the previous day range was also fulfilled successfully. The...