im with you, only taking sell on both dax and spx
FTSE, DAX, DOW Trading Ideas and discussions
- Thread starter Jessi_trader
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im with you, only taking sell on both dax and spx
have a good one, im hanging around to watch this spx fall.
62 next stop if S1 goes.....
MichaelJohnFX
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Dentalfloss
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Pinto the open
will supp hold ??
A bad bounce and shorts in for the kill
Downside was limited on Friday afternoon with that support showing on the chart....set an exit order and went off to the river
will supp hold ??
A bad bounce and shorts in for the kill
Downside was limited on Friday afternoon with that support showing on the chart....set an exit order and went off to the river
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Dentalfloss
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spx into the open
new downtrend that started on Thursday
recoiled on Friday at 4.30 pm
could go either way
2066 area might be the big pivot or bears still in control
at this point it does look like keep shorting the rallies
new downtrend that started on Thursday
recoiled on Friday at 4.30 pm
could go either way
2066 area might be the big pivot or bears still in control
at this point it does look like keep shorting the rallies
Dentalfloss
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if you take a look at market breadth
advance/decline line of spx
if it has spiked lower ...you can get some recoil in the index
advance/decline line of spx
if it has spiked lower ...you can get some recoil in the index
Dentalfloss
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had a quick look..it has not spiked lower
just moving down gently
here is the general picture of spx index
the new uptrend/column of "X"s has a little bit of meat on it..has taken out prev supp/just
trend res at 2082
horizontal at 2086
and prev supp 2089/pink
the spike higher /Attillas 2113 call confuses the whole picture..it is not a massive downtrend if you take out the spike-
there should be plenty of points buying the dips aswell as selling the rallies
as we saw on Friday
dax..it is no done deal that it will tank...that supp are we highlighted needs to be res
just moving down gently
here is the general picture of spx index
the new uptrend/column of "X"s has a little bit of meat on it..has taken out prev supp/just
trend res at 2082
horizontal at 2086
and prev supp 2089/pink
the spike higher /Attillas 2113 call confuses the whole picture..it is not a massive downtrend if you take out the spike-
there should be plenty of points buying the dips aswell as selling the rallies
as we saw on Friday
dax..it is no done deal that it will tank...that supp are we highlighted needs to be res
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MichaelJohnFX
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View on hourly
11520 which was sup on Friday broke.
11520 area now trend res and horizontal res too.
11460 sup
11370 area trend and horizontal sup.
I don't normally use this charting software but it shows you what yu need to know.
11520 which was sup on Friday broke.
11520 area now trend res and horizontal res too.
11460 sup
11370 area trend and horizontal sup.
I don't normally use this charting software but it shows you what yu need to know.
Atilla
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Great Sunday morning to you all... 🙂
SPX charts drilling down from Weekly to Daily's.
Pls note, PPs are different for the W & D charts.
Weekly chart shows long term pic. Clearly OB and and key points being it has breached the 100 DEMA and moving to test the 200 red line.
We are also below Weekly PP 2095...
Can't see what can take this market higher and maintain short bias until HHs come into play.
I have first Fib retrace at 1795 and expect it to be tested sooner or later. Effectively this is 1800 just for starters.
I'm also expecting the two GANN green lines to be tested down the road. So 1500 is not a far stretch of the imagination either.
The DAILY chart is the key PPs in play.
2113 is now history.
PP @ 2087 agrees with your your Horiz R / Prev S
RSI showing down so expect first part of the week to continue testing lows.
May rise to middle or latter part of the week.
fwiw expecting test of 2050/40s. Any breach of 200 MA may signal sharp drops.
Word is likelyhood of a rate rise in Sept have risen. Markets may take a plunge just to send a signal to Fed not to think of anything so unreasonable as raising them. 🙄
SPX charts drilling down from Weekly to Daily's.
Pls note, PPs are different for the W & D charts.
Weekly chart shows long term pic. Clearly OB and and key points being it has breached the 100 DEMA and moving to test the 200 red line.
We are also below Weekly PP 2095...
Can't see what can take this market higher and maintain short bias until HHs come into play.
I have first Fib retrace at 1795 and expect it to be tested sooner or later. Effectively this is 1800 just for starters.
I'm also expecting the two GANN green lines to be tested down the road. So 1500 is not a far stretch of the imagination either.
The DAILY chart is the key PPs in play.
2113 is now history.
PP @ 2087 agrees with your your Horiz R / Prev S
RSI showing down so expect first part of the week to continue testing lows.
May rise to middle or latter part of the week.
fwiw expecting test of 2050/40s. Any breach of 200 MA may signal sharp drops.
Word is likelyhood of a rate rise in Sept have risen. Markets may take a plunge just to send a signal to Fed not to think of anything so unreasonable as raising them. 🙄
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Dentalfloss
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spx trend /aqua ignoring the spike to 2113
that downtrend dont look so fierce now...
that downtrend dont look so fierce now...
Dentalfloss
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plenty of meat om both sides
dax has a very wide supp area
spx in a gentle downtrend without that spike
decent moves either way
clean bias into the week
dax has a very wide supp area
spx in a gentle downtrend without that spike
decent moves either way
clean bias into the week
Atilla
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Dentalfloss
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dow should be in supp area
inputs showing 17309 area
care with shorts
daily data over the last year
ignore the numbers ..they are dates
spx showing an area of supp also
inputs showing 17309 area
care with shorts
daily data over the last year
ignore the numbers ..they are dates
spx showing an area of supp also
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Atilla
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Re: SPX that 2073/4 has been a major line for some time now.
Also, 2050/40 area is another key level to watch. I think this level coincides with 200 MA. When it does breach 2050/40s, drops to 2000 or below will follow pretty quick imo.
Tear-downs usually take place in 1/3rd of the time for the rises to build up.
Also, 2050/40 area is another key level to watch. I think this level coincides with 200 MA. When it does breach 2050/40s, drops to 2000 or below will follow pretty quick imo.
Tear-downs usually take place in 1/3rd of the time for the rises to build up.
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Dentalfloss
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A decent move overnight on spx and dax
Bias was slightly bullish from charts posted
Pips taken
Might get choppy for the open
Bias was slightly bullish from charts posted
Pips taken
Might get choppy for the open
Dentalfloss
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stack of horizontall res on dax
could go anywhere
could go anywhere
Atilla
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Sugeng enjang - (Javanese) 🙂
DAX - 4H Charts - Daily PP Levels
DAX since lows from 27th July is on an uptrend. Whether the green trendline will be breached remains to be seen.
We could make a LH and turn back down or breach PP-R2 @ 11647 and continue up to test PP-R3 @ 11695.
I'll be waiting and watching to see how high she goes as will only be looking for shorts.
DAX - 4H Charts - Daily PP Levels
DAX since lows from 27th July is on an uptrend. Whether the green trendline will be breached remains to be seen.
We could make a LH and turn back down or breach PP-R2 @ 11647 and continue up to test PP-R3 @ 11695.
I'll be waiting and watching to see how high she goes as will only be looking for shorts.
