FTSE, DAX, DOW Trading Ideas and discussions

a quick look at the spx
a great ride down on that fake/aqua breakout
we are in support now...there is still some hope for the bulls until we have 1900 as res

10zpjpc.gif
 
Morning - good weekend??

Areas:
10153 horxional res
Next 10220
Trend support in that 10070 area

Upward trend started on Friday.
 
seems to be a retest of highs on spx...could there be a new downtrend forming ??
test the bulls
 
Hey guys,

DAX - 1H Charts - Daily PP Levels

Moving in a sideways box and I'd say we've made HL and about to test the upper levels again. Was expecting this on Friday but market went totally the other way.

So same again feeling we need to see how high DAX can go.

Currently testing PP-R1 @ 10200 and we are above PP.

On Friday it found support at S2 around 9968s so if R1 is breached it has heck of a run to get to R2 @ 10373.

Don't think it'll make it but has to be tried. Hogging PP @ 10078 with US closed today seems like the better bet.
 

Attachments

  • DAX_1H_150907_0830.GIF
    DAX_1H_150907_0830.GIF
    32.5 KB · Views: 44
SPX - 1H Charts - Daily PP Levels

Also, moving sideways into a narrowing wedge triangle. Think it will test the highs again perhaps R2 @ 1968.

Currently turning off R1 @ 1945. With US Labour day eyes will be on sales for direction. People will be looking at feet crossing doorways and tills ringing. Almost xmas :)
 

Attachments

  • SPX_1H_150907_0834.GIF
    SPX_1H_150907_0834.GIF
    29.3 KB · Views: 50
1 min dax
move down which we marked to test the trend/green..bull test

25083mr.gif



10102-117 horizontal supp and trend supp from these inputs
chart shows the new trend that started last night
 
Momentum on DAX is failing.

Think it will retrace back to test support PP @ 10078...
 
retest of 1937 on spx..scalps in
dax was 10108 as we marked on 1 min...also
closed..not hanging around
 
Top