FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

2090 is a pump or dump area

 

[Atilla]

2090 is a pump or dump area

Yes it is!

I have PP-0 @ 2089.

Right now looking bullish as we are above it.

 

[Dentalfloss]

a pump
2093-2094 is horizontal res

 

[Dentalfloss]

a pump
2093-2094 is horizontal res

did not last long

 

[Dentalfloss]

we were bullish from Friday....things got slightly spooked this morning...empire state man index
thing s now bullish

 

[Dentalfloss]

all humming very nicely

 

[Dentalfloss]

unexpected treats when index tanked on empire state
bullish bias working well...so far

 

[MichaelJohnFX]

Nice dump from 10920. It's trend res based on the long term trend res chart posted on Friday. Dax probably has to try and tackle 10950 as well as its a breakout point. Lol this world is a mess. Rates should have been raised a long time ago

 

[Atilla]

Agree on bullish, been checking me notes and TA has been looking bullish best part of last week after re-assuring sounds from China since first shock.

I doubt we'll get back to our highs. Gradual declines with high volatility at play. We're looking at breaking down out of our sideways move imo.

Expecting LHs.

 

[Dentalfloss]

5 min data

 

[Dentalfloss]

scalp shorts out of that area

 

[Dentalfloss]

still pumpin
will 2100 cap it
bulls in

 

[Atilla]

2100 was PP-R1 and we've gone passed that.

2105 is PP-R2 so that'll be next target for the bulls to breach. Has momentum so I feel it will continue. Doesn't look OB yet.

On theme of legs this looks like it's walking to 2110 test...

 

[Atilla]

Market timer Tom McClellan sees stocks set up for ‘ugly decline’ as early as Thursday


Scary article, reflects the fear in me. TA & Charts look bullish but no confidence in them. Woooohhhhhh :-0

Tom McClellan loves doing what financial advisers tell you not to do. He tries to time the financial markets — to the exact day, if his charts align just right.

At the moment, they are telling him to be bullish on the stock market for all of his trading time frames, including those that trade every few days, weeks and months. But bulls should be ready to flee, as soon as this week.

That’s because McClellan said his timing models suggest “THE” top in stocks will be hit some time between Aug. 20 and Aug. 26. He expects “nothing good for the bulls for the rest of the year,”

 

[MichaelJohnFX]

I think he's talking absolute tosh tbh lol

 

[Dentalfloss]

Mornin all
2120 on the cards ?
Dax is lagging......any reason ?

 

[Dentalfloss]

This is where it could get tricky
A great upmove yesterday
Profit taking....bull tests also
Or more bull movement

 

[Dentalfloss]

2101 and 2097 on pullback
2112 to 2114 then 2120 horizontal res

 

[Dentalfloss]

Dax
11k prev supp.. ow res
11050
11083
11124

Up to 11156 horizontal res
And beyond
Supp
10955
10928
10917

 

[MichaelJohnFX]

Morning.

Trend res in that 11050 area
Trend support 10800
10955
10920

Not at home so working with standard IG charts on my iPad