Technical Overview

How are u trading the Dax?

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imo the bias below 10.450 is bearish

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i am not searching a new Long entry as Long as we trade below 10.800 -i will wait for the bigger and better PROcyclical breakout-Signal.

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perhaps we can try to catch the weak brealout at 10.450/10.500.
10.100 (anticyclical countertrade) could be a nice entry for the impatient Trader :-9 and risk Lover :-9

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Today i see the Chance to break out. (Bullish Flag!) Trading above yesterdays High @ 10.386 could initiate a further buying wave up to 10.450. Above that Level the next cyclical buying wave up to 10.550 could be exspected.
Trading below yesterdays Low @ 10.325 could initiate a shortterm selling wave down to 10.250. Below that Level it`s "sell-off" time down to 10.111 Regards Mary

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yihaaaaaaaaaaaaaaaaaaaaaa

Trade closed manually

~ 45 Points for breakfast are really enough :-) hmmm tasty :-) i Close the flagtrade

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will we see a retest of the bo-niveau? 10.380 is the Level to watch! Perhaps the 10.400 trendline could be the Level for a Turnaround yet to make a new high

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aha aha

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Yihaaaaaaaa - precision landing!

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retesting bo-niveau= action point- attention pls !

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aha

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10.540 - we are comin! ?

10.540 is the new Level to watch. If we can trade above this Level, 10.750 could be aimed!

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RSI is nearly overbought now

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10.540 we are coming!?

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yihaa

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Perhaps Dax will form a bullish flag?

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ok, my Feeling that we make no higher high today (see below in the comments) was right at present ...

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10450- 10470 again turned into a resistance -watch this Level!

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will we see an new "3?" ? RSI is oversold now

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10445 should not fall

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recaptured rsisit 1

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@ 2tenor: hi 2tenor -thx for that info i see the same Chance in the 15min Chart ....here is a possible bearflag..sl should be 10476 tp also 10400/ 10380...my "real" shortsignal for that Szenario is a bit deeper (the procyclical Signal) at 10438
- the red line is the wave i would exspect

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this shortszenario is only valid as as dax < 10476

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dax reached "2" = Action Point " possible short Trigger

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It Seems tomorrow will be a nice long Day? Another round" Stairways to heaven" ?;)

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we reached the "vakuum" between 10.540 - 10.630 - here are no resistance zones imo. If you have a look at the RSI, a Little consolidation should be exspected....the 10.540 is a hard level to beat

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the anticyclical risklover could open a shortscalp at the present Level with sl near above todays high

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wow...rsi near to the buying level

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10.400 should not be underbidden..thats the last support, the last valid "3"

The_Cannalyst

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