FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

decent break at 10800
190878 area is breakdown point/dump area this morning

 

[Atilla]

Good morning - ( Norwegian )

DAX - PP Daily Levels


We have already tested PP-S3 @ 10749 this morning and having some support kick in.

In diag - previous low of 10658 has been circled in Blue and the ultimate test of a Lower Low is bound to be the next target.

Gann fann also showing key trend lines heading due South... They are likely to act as strong resistance to any moves back up.

 

[Dentalfloss]

need to see 10800 and above act as supp

 

[Dentalfloss]

I'm pretty sure 10766 is not going to stick. But it'd be treats galore if we get a retrace go 10880

should be on the cards

 

[Dentalfloss]

as we said last night..price was coiled up ready for a pop

 

[Atilla]

SPX - PP Daily Levels

Still in the sideways range but testing Support and below PP-0 @ 2100.

PP-S3 is @ 2078 - must be tested.

We also have some US CPI stats at 1:30 pm and then the Fed speel at 7:00 pm.

Should be movers and shakers day for sure...

 

[Dentalfloss]

10800 area seems to hold it
decent pumps of that..no complaints

 

[Dentalfloss]

10836-10854 is a prev supp area on chart just posted
scalps in and out of that area

 

[Dentalfloss]

spx and dow pumping..in on those..now into prev supp..out
looks like a freak bull test before 7 am...lets see

 

[Atilla]

Fishing for reasons - what's driving markets down now and can't find anything?

Any ideas...

 

[MichaelJohnFX]

Lol nice dump from that area. Spot on

 

[Local1]

it seems to be more bullish than bearish
27 point box size on 30 min data
3 reversal
plot the close
the upward column of "X"s..the latest column has not reversed and formed a downward column of "O"s
no reversal achieved..as yet

looks like a shakeout...so far

horizontal res at 11070-11097 area
11124-11151 area

looks more bearish at this point good spot 10840 area to sell.

 

[Local1]

Fishing for reasons - what's driving markets down now and can't find anything?

Any ideas...

more sellers than buyers :cheesy:

 

[Local1]

10836-10854 is a prev supp area on chart just posted
scalps in and out of that area

good shout.

 

[Dentalfloss]

into chronic 10766
scalps in and out

 

[Dentalfloss]

scalp out of 2094/prev supp was res

 

[MichaelJohnFX]

Trend res in that 10834 area. On phone so can't pinpoint it exactly

 

[MichaelJohnFX]

10766 nailed. Just out

 

[Dentalfloss]

decent bounce off 10766/chronic into our 10818 area first

 

[Dentalfloss]

10766 nailed. Just out

excellent