FTSE, DAX, DOW Trading Ideas and discussions

[MichaelJohnFX]

range squeezing

 

[MichaelJohnFX]

dax wants to puke again

or pump

 

[Dentalfloss]

range squeezing

great call..thnks

 

[Dentalfloss]

will it hold

 

[MichaelJohnFX]

Pump or dump for the afternoon. Enjoy

 

[Atilla]

SPX to test 2000...

Has to be. 2040-50 was the strong support and it has failed. In between there is no rudder. Guessing we'll breach it and make a come back of some sort perhaps.

Whether we close above or below 2000 is going to be significant.

 

[Dentalfloss]

nice bounce off my green trendline...job done

 

[Atilla]

Heatmap doesn't look too bad. Few green shoots there? :whistling

Backup to 2025s... I make that closer to S1 than PP.

PP @ 2046

PP-S1 @ 2012

---> 2000 <----

PP-S2 @ 1993


Oooohhhh! Everything to play for here. Show me the moniiiiiiiiiiiiii!

 

[srinivasan431]

what is the 200 dma for SnP500? hoop it is well below that and looking for 2000 in mind...if it touches 2000 Dax will be well below 10000?

 

[Atilla]

what is the 200 dma for SnP500? hoop it is well below that and looking for 2000 in mind...if it touches 2000 Dax will be well below 10000?

We've already had the death cross on the DOW. That was yesterday's news!

It's probing time again...

 

[Atilla]

I'd like to send a letter to the Chinese masters of the Economy!

What were you thinking when you devalued the Yuan with your positive BoP reserves running into the billions just BECAUSE your growth slowed from 11-7% to 3-5%!




Welcome to our world of capitalism

 

[MichaelJohnFX]

catch a falling axe

trend sup @ 10176. I am not taking it though lol

 

[Atilla]

1996 tested... 2000 breached.

Will we see a dead cat?

Not sure if it's worth mentioning PP-S3 @ 1959??? Surely not! But who knows or cares? Done for the day...


Now to get on with some 'real' work instead of twiddling fingers... :cheesy:


Milky bars are all on me!

 

[srinivasan431]

Dax will be seen below 10000 probably on Monday it seems....

 

[srinivasan431]

Percentage wise the SnP500 still not fell too much like Dax..so it can test the level of 1965 levels next week likely....):

 

[Dentalfloss]

spx into the open
Thursday"s downmove was far more intense than Friday
some areas to watch if it recoils
care.....when you call the bottom...this could break either way...even if it is oversold

 

[Dentalfloss]

a closer look at yesterday"s treats on 1 minute

 

[Dentalfloss]

a box size of 1 point
3 reversal
hilo plot
great for the general feel
it takes out most of the rubbish



you can see 3 downmoves with the apporox time they triggered
no real sign of a reversal as yet....that could come quickly
first test is the yellow trendline at approx 1975 area...that area could be lower if it breaks downwards...

better still...an oscillator divergence on retestof a low area...candlestick /bar charts for confirmation of a low

if you are thinking of specific numbers ...you might find your account diminishing rather quickly

 

[Dentalfloss]

for those of you who are not scalpers..this is for you/aqua horizontals
consecutive p/f signals
all minor bullishness taken out

 

[Cigar]

for those of you who are not scalpers..this is for you

and this is an even longer view. It looks like the 5min has seen the 2014 highs. A pokey bounce early Friday but the end of Friday looks weak, but then it probably would.