FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

nice bounce on oil from Attila"s level

 

[Atilla]

Oil needs to take out 59.62 and then head to 60.10 according to PPs.
Will watch it for now. Have short bias so hopefully it will reach up to 60-61 regions and then will go back in again.

Dax trying to take back 11000. I think it needs to try for at least 11060 to convince. PP@11210 so bulls need to work hard.

SPX now at 2074. It's great when a plan comes together. 👍
I think US markets will attempt to lift.

3:00pm US Housing Indx to look out for.

Otherwise done for the day.

 

[MichaelJohnFX]

What way wil Daxy pop? Think she'll pop up. I'm ready for a short @ 11085. Bulls really testing that 11000

 

[MichaelJohnFX]

Or maybe area that Atilla identified. Looks like resistance and support for the day on 1 min chart

 

[Dentalfloss]

updated dax chart

 

[Dentalfloss]

11125 area is a big one

 

[NickBk]

these big areas keep getting lower tho..

 

[Atilla]

On my 1H charts DAX looks like it was rejected from PP-S1 @ 11060.

Good attempt. However, may try again in the next 15 mins.

Don't remember if that is a head/tomp stone or hanging man but that stick looks awful bearish. Needs to be a solid green if it's to tell a story. Seeing lots of crows. Four even.

MA's heading down too.

SPX and DOW heading North. No surprises there. At the mo Fed is looking at Sept but no guarantees in this game. Will they disappoint IMF and World Bank??? Is the pope Catholic???

Can see more of the same false hope for another couple of months.


Doesn't oil look sweet at 59.62... Next stop 60. 👍

 

[Dentalfloss]

2091 area turns the chart bullish

 

[Dentalfloss]

should be a fair bit of res around that area
bears will examine hard the recoil off that area

 

[Dentalfloss]

Jurassic World lifting the markets

 

[Atilla]

Jurassic World lifting the markets

What does this Jurassic World mean? As in the movie?

 

[Dentalfloss]

broke all box office records

 

[Atilla]

broke all box office records

Oh ok not sure if that was serious or tongue and cheek. $209m in 3 days. 🙄

That's desperate... :cheesy:

 

[Dentalfloss]

yeah...
spx rallying

 

[Atilla]

yeah...
spx rallying

Yep looks like 2087 PP-S1 could be taken out.

Indicators turned bullish.

Postman indicated it may be due to options expiry. Looks like pattern is a re-occurring one.

 

[Dentalfloss]

2091 a big number
was support before the gap down last night.....
will we fill the gap ??

 

[Dentalfloss]

range has coiled on the dax
its gonna pop

 

[DuCaan]

S&P 500, Dow Industrials, NASDAQ 100 and the German DAX next key levels and the pattern formation...
http://marketchartpattern.com/indic...ustrials-and-long-term-us-bonds-15-june-2015/

 

[Dentalfloss]

mornin all