FTSE, DAX, DOW Trading Ideas and discussions

into the open
the latest downmove looks a bit overdone/a pole
if it recoils..then some areas to watch


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predictable action so far
overnight move to res which we had marked
shorts in for the bull test and a move up to retest the 11500 res
 
Nice bounce from 11400 area we had marked on Friday.

Waited to see how market reacted before getting in.

Some nice moves this morning. 11480 also was marked as a possible resistance area too
 
Using 19th May as base, DAX has given up -400 points against -200 for the DOW.

Plan is to only watch and wait and take shorts for indeces. Exception being BB breakout setups with OCO orders prior to big news.

fwiw also have a short bias on oil and long for gold.
 
And another nice bouce from the 11400 area.

Let's see if it gets to 11480 area for a possible short again.
 
dow gettin ready for a pump or a dump
a bullish signal in the region of a down trendline gives us a more bullish chart
needs to break to 18125/minimum
 
scalp short from that 18125 res area.it was going to make the chart bullish if it broke
was also res this morning
 
watch out for the break and a possible bull trap...
what will make the chart morte bullish is if the double-top signals are consecutive
18030 should be a reasonable support
 
11346 Identified as possible support over the weekend. Not going to go in as of yet and will see how it tests that area...if it does...
 
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