howieh2

howieh2

Fake Market

howieh2

What do u think is it this a possibility please comment are welcome.

howieh2

I was eager to extend my short position until i spotted this bullish ABCD formation, so i placed a buy order. But its speculative. Let see , i am feeling the DOW will test my technical forecast on this but i am putting money on this. No fundamentals support this except for no rate hike in june .

howieh2

If there is a good GDP number then i will expect the dax to make a run to 10600 before Brexit, otherwise look out bellow for 9400

howieh2

Watching Retail Sales this week

howieh2

above the cloud

howieh2

I hope i am right

howieh2

Since 2009 the ISM PMI has never hit under 49.0 3 times in a row , let see what China Manufacturing brings this Monday Feb 1 in the morning. With Iphone sales slowing and the FED meeting on Mar 16 I don't know if the PMI is anything to read into but i worry about it , if this prediction does not work then its market thinking about QE instead of the global slowdown.

howieh2

Looking for a pattern , jumps post earnings and retracements

howieh2

Not sure where this going yet

howieh2

Seems like the dax is following a EURUSD fractal and should hold support to form the right shoulder