FTSE, DAX, DOW Trading Ideas and discussions

DAX - 1H Chart

Target met - PP-S2 @ 1133.

The green line sloping down is the GANN line... May act as support as it trends down. Coincides with PP-S3 @ 11294 (11300s).
 

Attachments

  • DAX_1H_150811_1319.GIF
    DAX_1H_150811_1319.GIF
    22.7 KB · Views: 110
$121 on AAPL ...a big number
backed off the $120 to 4117 at the open
see if tyhe bulls can take it to 121
 
dax had orderly sell off, classic sell the bounce everytime. pension and mortgage on this dropping!
 
the old lady ftse by contrast hasn't dropped like the proverbial stone, maybe she's saving herself for the this afternoon to follow ws...
 
dax in that trend sup from july @ 11305. Not touching it lol

below that it gets nasty lol
 
Last edited:
Yes for sure. I watch the 5/15min charts and MAs have pretty much all crossed over.


I think PP 11554 will act as resistance and it's likely to tank back down imo.

Wondering how the US will react?

called it perfectly there (y)(y)
 
dax should slow down soon enough right, congestion between 11250 and 11300, range large enough for one day...
 
I'm now out of ideas guys. Targets hit. Today has worked out exceptionally well.

Now will enjoy the rest of the day. Maybe some bounce but I still favour shorting the bounces.

Euro coming off highs so DAX may move up a little. SPX holding 2086 for now. Come the latter part of the day we may edge towards 2067 which is PP-S2.

Otherwise with the exception of shorting AAPL that's me done for the day. :)
 
Top