FTSE, DAX, DOW Trading Ideas and discussions

[jeffre4]

hopefully we test 12040

 

[Dentalfloss]

there is trend res at 12250 are
a bad bounce and bears in for the kill
we are in a very sensitive area

 

[Jessi_trader]

hopefully we test 12040

12040 is weekly support pivot as well... but if closes above 12175 in next couple of hours and established above red line and leaves a long wick behind then makes DAX very bullish...

Otherwise test of 12040

 

[Dentalfloss]

drop zone was 12185..prev supp..could be res

 

[Jessi_trader]

1 min formation...

 

[Dentalfloss]

12040 might be too low
12089 possibly better
add in 1227 horizontal res
there now..we have some levels to look at

 

[Jessi_trader]

lets see which way its breaking...

 

[Jessi_trader]

changing into flag...

 

[Jessi_trader]

12100 and 12230 have become important level now...

 

[Jessi_trader]

12040 is weekly support pivot as well... but if closes above 12175 in next couple of hours and established above red line and leaves a long wick behind then makes DAX very bullish...

Otherwise test of 12040

Price action in lower timeframe.. if established above 12175... place DAX in bull zone...

 

[Dentalfloss]

conditions on dow turned slightly nasty
chart comin

 

[Dentalfloss]

the latest uptrend on 5 min
note the p/f signal near the green line allows us to draw red lines
there is a column of O "s..aqua that has an active downside vertical count
the chart is both bullish but minor bear trend
whether the bears can get follow thru..who knows

 

[Dentalfloss]

this is good for us...the bears will need to fight hard to get some traction
lets see what happens

 

[myattitude]

hopefully we test 12040

you might get your wish

when was the last time dax dropped 200pts in one morning?

 

[Dentalfloss]

12040 is the poop zone
lets see what happens

 

[Jessi_trader]

no sign of real turn around yet... 12040 has some reaction but reversal yet to be confirmed...

 

[Dentalfloss]

lookin at the bund...dunno if that gives clues

 

[Dentalfloss]

bund in a massive uptrend..yields pitiful
no sign of a pullback..as yet
scared money ??
if it bounces 12125 area to watch

 

[jeffre4]

just got back in keep dropping you b*****

 

[tp0440]

Anybody keen on shorting EURUSD?

BR