FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

rus2k moving down

 

[Atilla]

Caught the cable move up from PP-S1 @ 1.5563

Could do with more give on SPX... Holding PP.

Should see PP-S1 @ 2015 I reckon.

 

[MichaelJohnFX]

Nice bouce from Mr D's 11650 area

 

[Dentalfloss]

S&P 500 has a minor top
just formed
need to see if the bears have the cahonas

price has come to an abrupt halt on that intense uptrend
that does not mean to say it cannot continue higher
chart is for the last week
dow is slightly bearish..like the dax

 

[Dentalfloss]

spx into the open
we break higher without any pullback

pullback to horizontal support and then possibly the breakout point/aqua

pullback to a lower pivot area..2104 horizontal supp
mess around in that congestion area waiting for some input/news

 

[Dentalfloss]

dax over the last week
slightly bearish on Friday
trend support in below
see if bulls profit take or capitulate
or..we take out res and break higher

below is 11606 horizontal supp area
11574 breakout point
and our 11670 and 11650 from Friday

 

[Dentalfloss]

latest breakout on 5 min
could go either way..but no bull test showing as yet

2114-2116 a defined breakout area..ripe for a bull test ..no pullback showing as yet...just a top with resistance..no more

we can watch and see if a bear trend develops
2123 ..then 2125 were the latest breakout points on 1 minute which happened on Friday at 7.0 pm uk time
if they start to get tested,then we can make fix on a new possible downtrend
the move up just before the close on friday eliminated a chance to track a new downtrend

 

[Dentalfloss]

dow over the last week
a much more defined minor downtrend /red

dow seems to be the weakest major index
dunno why

 

[Dentalfloss]

not quite
i changed inputs on the dax
same signs as the dow
a defined downmove/red

it was the spike at the open on Friday that gave us the bad guidance
by increasing the box size i have got rid of the rubbish

 

[Dentalfloss]

earnings this week
weighing heavily on US index
aapl reporting Tuesday...should be great numbers.especially iphone6..imho

 

[Dentalfloss]

The stock market moved higher this week on good earnings news - but it is too early to conclude that the Bull are firmly back in charge. Why? One word - breadth. Breadth and momentum. OK, sorry, two, two words - breadth, momentum and seasonality. THREE! Three words - breadth, momentum and seasonality. There. Phew. (If you don't get that Monty Python reference, click here.)

But seriously, there are still big concerns about the internal strength of the markets right now including those three factors. (and sector rotation. "Four!!") The good news is that we covered all of those reasons in great detail on this weekend's "ChartWatchers LIVE!" webinar. Instead of rehashing all of that content in this article, I'm just going to give you a link to the free webinar recording and strongly encourage you to check it out. Here's the video:
from stockcharts.com

 

[Dentalfloss]

Apple
is that a top ??
or are we goin to have a big break to the upside
134 area needs `to be taken out otherwise we have a bearish downside count
column of "O"s..aqua horizontal underneath
anybodys guess

ignore the numbers..they are dates
just giving the general picture

 

[Atilla]

But seriously, there are still big concerns about the internal strength of the markets right now including those three factors. (and sector rotation. "Four!!") The good news is that we covered all of those reasons in great detail on this weekend's "ChartWatchers LIVE!" webinar. Instead of rehashing all of that content in this article, I'm just going to give you a link to the free webinar recording and strongly encourage you to check it out. Here's the video:
from stockcharts.com

"ChartWatchers LIVE!" with Chip Anderson - 2015-07-18 13:00


Note the display appears after about 4/5 minutes.

If not try clicking on HD or reducing it.

 

[Dentalfloss]

"ChartWatchers LIVE!" with Chip Anderson - 2015-07-18 13:00


Note the display appears after about 4/5 minutes.

If not try clicking on HD or reducing it.

horror movies ??

 

[Dentalfloss]

a quick peak at the latest upmove on apple

watch this trend the day after earnings
probably a pop up to 135 pre earnings..then we watch the fade ...if any
could ven pop to 140 before any fade
thinking thats the scenario for early part of the week
a minor move up to earnings/tuesday...then a minor fade...anyway...who knows ??

 

[MichaelJohnFX]

Trading view on 1 day for rest of the week.

Into the open. If you look at our post last week, we said dax would probably rally / close the week anywhere between 11620-680 - it's successfully done that. The reason is rallied beyond that was because Draghi spoke, otherwise 740 would have been the top. i believe we're in the start of a new upward trend, but not the same upward trend we saw from jan-apr - this will be a more technical one IMO. Subsequently, I believe we'll test bulls this week @ around 11414-11340 - 61.8% on fibs. Trend sup @ 50% (aqua line) lies within that area and we shall be doubling up if we trace to 11270-11211 on 50% (purple line) - they offer great value in the long run imo. My long run target is @12800-13000.

Also look at the red line - plenty of resistance there - area has been marked.

 

[MichaelJohnFX]

View on 15 mins

Much like Dentists chart a bit earlier - dax tested the bulls - trend rest @ 11720 area. Support between 620-600

 

[Atilla]

horror movies ??

No not at all. What you mention are key indicators which usually retail investors don't have access to or follow.

Market breadth and depth are key. Institutions pay literally millions to have access to layer 2 pricing from exchanges.

Getting used to and trying to learn P&F charting. Found out my Interactive Investor desktop app does PF with the Parabolic SAR, BBs and all the other new indicator tools, thus able to combine them.

The Jeremy Du Plessis - 21st Century Point & Figure book really good and reading it slowly to absorb it's contents.

 

[Dentalfloss]

reminder..dax still on a dead cat bounce
aqua breakout not supported as yet
horizontal res area got sold off on Friday
daily data plot of close price

ignore the numbers..they are dates

 

[Dentalfloss]

View on 15 mins

Much like Dentists chart a bit earlier - dax tested the bulls - trend rest @ 11720 area. Support between 620-600

same sort of numbers