FTSE, DAX, DOW Trading Ideas and discussions

I think Mario has done well talking down the Euro with some talk of QE but I don't think the Euro area is all that week or even if there is any need for QE.

Seems to have had the desired placebo effect on the DAX as expected.


As for SPX looking sluggish and doesn't seem to have much of a desire to run to our 2070 regions. Perhaps we were too optimistic or the rally is just getting started...

Having crossed over the 2030-40 boundary I hope the bulls can hold 2040s cause if they can't it may get a little ugly. I think they will be able to. (y)
 
dax today
2cdebrk.gif
 
excellent bounces from our 2044 area
10530 area
a bad bounce and shorts in for the kill
2052 area poss res
 
10655 is a prev supp on daily bar chart
Nothing new
Is it overbought ?...yes
That does not mean it will tank
10580 a pivot area
 
dax over the last 24 hours
1 min data
28a447b.gif

we either break higher or test those aqua zones
i know what you are saying..it is a screamin short
how many of you tried to short the move up yesterday and got rinsed...
first aqua is 10595 area
then 10530 area
 
Last edited:
10655 excellent scalp short
10625 area is prev res..there now
tightened stop
10600 /round on the cards
 
stop tightened again
10583-10595 aqua supp on chart/first one
if it bounces then 10630 should be res area
 
Top