FTSE, DAX, DOW Trading Ideas and discussions

within the conolidation..you sometimes get clues for the treat
consecutive bull or bear signals
must be consecutive...market always picks up on that
 
spx in supp now
m75l5h.jpg

ignore this chart
 
that is giving 2094-2097 as trend support area
not sure if it will hold
it is a close plot...so it is an area
 
Miserable wet damp squib day.

Garden luscious green but feels like September rains are falling. I reckon it's just a summer shower that doesn't know when to stop. At least plants have had a good drink.

We are testing PP-S1 @ 11386. Thinking it should hold as DAX does look oversold. If not next levels I have are...

11350 / 11314 is PP-S2.

Oil is now at 48 so not good with weak PMI's reported. US housing starts shock low unexpected. SPX lost 2100. Earnings reps have had their fill. Weekend ahead. Take profits and and leave whilst ahead so I am expecting either we hold or sell off. No surprises.

Heineken's to y'all on me. (y)
 
DAX trying to hold and bulls fighting back. However, if 11360 fails then I'd pencil in a test of 11314 - PP-S2.

Does look like 11386 is losing the tug of war...
 

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Good day on DAX
All sorts of good possible clues of what was going.
Fib Retracement in the region of 61.8, previous day consolidation zone and war zone tested,
Bill Williams angulation, ADR zones hit together with the Fib Ext of 141.4
Attached is M30, I also use othe TFs,
Flat now. Ready for some good reading.
Good weekend to all,
2be
 

Attachments

  • 2015-07-24_161545.pngDAX M30.png
    2015-07-24_161545.pngDAX M30.png
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