FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

To 10200 maybe?

Yup - on that one already. See hourly, bulls running out of steam..

Time for some Green Tea and Protein shake

 

[Dentalfloss]

oil popped the $40 as we marked earlier
its going to trap some bulls on the p/b
but ..i think it could break higher after testing the bulls
imho

 

[Dentalfloss]

Yup - on that one already. See hourly, bulls running out of steam..

Time for some Green Tea and Protein shake

prefer tea and biscuits....lol

 

[Dentalfloss]

have the feeling on index...that bulls are going to get tested...big time in US session
cluster area marked for a possible bull test

 

[Dentalfloss]

as we said ..there was a minor downtrend forming on 1 minute
marked at 11 am

 

[MichaelJohnFX]

have the feeling on index...that bulls are going to get tested...big time in US session
cluster area marked for a possible bull test

I concur...just had a minor bounce off that wedge on the hourley - wish i could post the chart but it's there to see.

 

[Dentalfloss]

1957 is horizontal supp
then 1951-953
1943.
down to 1936 ...alot of messing about in tha area

 

[Dentalfloss]

dax..really messy action on 1 minute /today
this should change

 

[Atilla]

On the way down - gaps between 2040-50 were significant and after they were breached we very quickly saw test of 2020-2000.

I think the same is in play for the 1940-50 area and if/when 1940 gives way we'll quickly see 1920s tested again.

I can see what you mean by the 1937 area but based on 15m charts 1920-25 seems more of a R/S line fwiw.

So if 1940 fails we'll quickly see 1920s and then 1900s I reckon. Perhaps tomorrow if the bull run today doesn't get to stick.

 

[Dentalfloss]

decent moves down on spx and dax
bounce taken on both

 

[Dentalfloss]

Excellent movement into our cluster area

 

[Local1]

we got the dump now for the pump up... failure at 30 again and we back into range

 

[Local1]

10390 target to upside if we break up here.

 

[Dentalfloss]

Decent bounce aswell

 

[Dentalfloss]

There we are
Exactly 1000 point rally from chronics support area

 

[MichaelJohnFX]

350-360 is trend res...

 

[MichaelJohnFX]

the bigger the TF, bigger the squeeze, bigger the breakout lol

 

[MichaelJohnFX]

350-360 is trend res...

350 pretty much hit. go down boy lol

 

[f2calv]

^ I hope it does soon, I've been waiting all day for a decent dax/ftse entry point and the pullback I was expecting just wasn't there grrr :/

 

[MichaelJohnFX]

^ I hope it does soon, I've been waiting all day for a decent dax/ftse entry point and the pullback I was expecting just wasn't there grrr :/

well there's a big move coming this afternoon. 150+ points IMHO (if it's down)