FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

talk of 10885 being a major supp

 

[Dentalfloss]

definitely oversold now/15 min candle

 

[Dentalfloss]

spx should be in support/minor

 

[RadinSG]

talk of 10885 being a major supp

10850 more like it. if it doesnt bootom out there, expect a drop to 10670 levels

 

[Atilla]

Markets looks like they have cold feet whilst the weather is warming up nicely. :cheesy:

SPX testing lower regions and support - heading to PP-S1 @ 2074.
seems 2082 PP didn't hold. Short bias.

DAX is weak too below PP in between S1 and S2. Feel it will test the lows before any bounce. I have Pivot Points and Support levels as below. Short bias.
PP @ 11035
PP-S1 @ 10920
PP-S2 @ 10835
PP-S3 @ 10720

Oil is back up to 60.20s. Looking for shorts and turning points. Will let it run perhaps to 61-62 levels.

Gold is showing risk on but likely to be volatile with the Fed speel. Will watch but stay out of this prior to Fed show.

Euro gaining strength and it seems to be holding well despite Grexit. Looking for shorts. Not too hot on the euro at the moment.


Asia not looking good either. Indeces down.

News front; UK and German data coupled with US building permits due 9:30 - 1:30.


My plan today is to do less. Watch and listen as we certainly are living in historic interesting times for the markets.

 

[Dentalfloss]

mornin Attilla,Radin,Chronic and all

 

[Dentalfloss]

dax oversold ..big time
that does not mean it will recoil

 

[Atilla]

mornin Attilla,Radin,Chronic and all

Good morning Mr D

Building up to a momentous week :whistling

 

[Atilla]

dax oversold ..big time
that does not mean it will recoil

Just had a bit of a wobble. Trying to bounce off S2 @ 10837.
Euro dropping too. Someone has made a move.

 

[RadinSG]

Good morning all. Helluva down day so far. Been shorting all nite.

Time for the bulls to wakeup from their slumber and get to work eh..

 

[Dentalfloss]

 

[Dentalfloss]

a big move away from the trendline
long downward columns with minimal recoil

 

[RadinSG]

Just had a bit of a wobble. Trying to bounce off S2 @ 10837.
Euro dropping too. Someone has made a move.

me no likey if Daxy is heading for Attila's PP-S3 @ 10720. Bounce baby Bounce :clap:

 

[Atilla]

a big move away from the trendline
long downward columns with minimal recoil

10:00 German ZEW Economic Sentiment to be released. :idea:

 

[RadinSG]

Just had a bit of a wobble. Trying to bounce off S2 @ 10837.
Euro dropping too. Someone has made a move.

me no likey if Daxy is heading for Attila's PP-S3 @ 10720. Bounce baby Bounce :clap:

 

[RadinSG]

10:00 German ZEW Economic Sentiment to be released. :idea:

German data all met expectations on the dot so far. :cheesy:

ZEW sentiment expected to be less rosy.

C'mon Bulls...time to earn your keep

 

[Dentalfloss]

a manipulation down..then ready for some good ZEW
10800 should seal the bottom...possibly

 

[Atilla]

a manipulation down..then ready for some good ZEW
10800 should seal the bottom...possibly

I think so too. Grexit will pass with flying colours imo.

fwiw euro and dax inversely related seems to be a good indicator of a bounce in dax as it has started falling.

 

[Dentalfloss]

eur was at big res 1.1320..imho
seems to be still on the up
nowt really new
spx and dow down to test horizontal supp from yesterday

 

[Dentalfloss]

a bad bounce and shorts in for the kill