FTSE, DAX, DOW Trading Ideas and discussions

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2q20f3a.gif
 
nice movement into chronics 10880 area
took the bounce aswell from from 10888 area which was marked
 
Pai ata - (Maori) - :)

DAX - Daily PP Levels


Still in tightening range moving sideways testing LLs.

We need to break above PP-R1 @ 11116 to make a run for LHs but no steam at the mo.
 

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DOW - PP Levels


Clearly showing LHs and LLs. If PP 17000s fail as support, there is a massive drop 14000 imo.

Beware of the bigger picture!
 

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SPX - Daily PP Levels.

4H chart shows a breakout of a downward sloping trendline but yet to be confirmed by a breakout to tand above 2110 and breach of PP-R1 @ 2112 imo.

Moving into a tighter range impending a breakout. Same view as last few days. Looking bullish with that peak above trend line but not convinced.

2121 or 2138s beyond imagination at the mo.


Shorts are in! :)
 

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DAX got rejected from PP0 @ 10965...

Short bias all the way (n)

In this case it coincided with MA cross-overs too. G8 stuff.

:)
 

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spx and dax daily charts.

the daily pivot on dax been working well good for 60 ticks at a time.

support and resistance convergence in spx - normally indication of significant trading opportunity. downside lower risk trades in the right spots. silly season with holidays at moment.
 

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