FTSE, DAX, DOW Trading Ideas and discussions

mornin Attilla
we already have 150 in the kitty from 11575


Good morning all,

Here is 4h DAX chart with PP levels for today.

We are breaking to the upside out of our trend line and key decision time for the H&S neckline. Numbers are bullish.


We are trying to take out R1 with a view to reaching up for R2 @ 11752.

Red line is the PP @ 11335.
 
now the big question
the retest of 11575 approx 20 mins ago
is that the downward spiral that just started ??
or is a new upmove ??
 
SPX

Previous supp trend line becoming resistance.

See spx between 2130-2120. Like to see it out of that range. Prefer the down side, but who knows???

PP @ 2122 Looking to egg to the upside.

Included chart from couple of weeks ago to show bigger picture.

Decision time but we need new input and data one way or another to take a view. No reason to be cheerful so sell the over-hyped markets fwiw imho. :)
 

Attachments

  • SPX5_D_150612.GIF
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  • SPX5_4H_150623.GIF
    SPX5_4H_150623.GIF
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check out 5 min
dow /spx last 90 mins ish
a possible new downmove forming


Yes it does however, I think it's a dud. Likely to bounce off 18120-18100. Opportunity to go long.

PP @ 18117 - will only switch to shorts if it falls below 18100.
 
I think we are going to have these narrow sideways move until Grexit announcements are released.

I've been sticking sell limit orders in below the rises.

Expecting a big fall out and hope to catch it when it happens.
 
DOW

4H chart showing PP - Levels.

Looking over bought and consolidating above PP @ 18117.

imo building base to reach up towards R1 - 18200.
 

Attachments

  • DOW_4H_150623.GIF
    DOW_4H_150623.GIF
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