FTSE, DAX, DOW Trading Ideas and discussions

into the open

will that supp area hold ??
286y1k3.gif
 
we are still playing around within a range..no big selloff/breakdown as yet
does that supp hold on daily 11148 area
on 4 hour/short term we are in a big res area ..could be supp..also horizontal supp/green

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a tad oversold
 
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perfect set up for day trading today, price action quick fast sell off's low risk high reward. instant gratification. shame we only get a few of these, where technical dont matter just press sell and lump the size on.

that Zew no was also far less than expected also helped. however if looking at dax daily, channel intact.

direction is clear, down to 11080, this is forced liquidation

I have Spx to finish week at 2045 area but i'm a perma bear.
 
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daily dax targets to the downside, dropped alot overnight soo difficult to sell it here. almost want a rally to sell into.
 

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11148 workin nicely
stack of res above
could get bumpy
on 1 min 11148 held as supp..market rallied
11250 the big palooka
 
Dax looks to be oversold atm. Probably a drop at the open and at the US open, with rebounds each time. Yuan devaluation already priced in mostly and rumours PBoC have been buying yuan too offset too large a drop has currencies slowly recovering. Oil quite stable at the moment suggest the same.
 
im short from the S1 around 81 looking for S2 11045 area

defo going for a Chinese tonight!

have support at 10825 area below as target
 
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