FTSE, DAX, DOW Trading Ideas and discussions

dentist why not go back to the other thread and keep it there, or it's 2 guys alone?
 
Short term trend into the open is down...this could continue down to fib
put fibs on the latest uptrend that started last week ..26 March
thhe sweet spots are then marked
round numbers aswell
prev res areas on the way up
is the rally real or a correction?
15 min looks to be the clearesst timeframe
2 upmoves so far
 
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possible areas
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that is the latest move upwards on 1 min
there is horizontal supp down to 12012 area/red and trend supp green in that area aswell
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we had
12032 on dax
17856 on dow marked as res area
closed at those points..thought it would take a day or two to test these areas..but as we said..the recoils are fierce even though it is bearish
we should get more volatility now as the bulls need to be tested
12032 res area marked on dax yesterday morning...turned into supp this morning
great bounce to res
 
predictable morning so far
a test of prev res at 12032..that became support
then a rally to horizontal res from yesterday
back down into supp area again

need to see if the bulls can come back in again
 
dow back into some supp area as we put on the chart
as we said before the open..the trend was down into the day
we got a minor bounce..only so far
minor bounces were taken on dax,dow and spx ..then shorted
no sign of any bulls as yet
 
an established downtrend on 1 minute
as we said the trend into the day was down
at this point 17900 is a big test
lets see what happens

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