FTSE, DAX, DOW Trading Ideas and discussions

this is a crazy chart
ignore the numbers..they are dates

now for the crazy bit..the down move/column of "O"s that started from China on 20th August...the downmove never got an activated downside vertical count..ie bulls came in and bought the dip...quickly..marked "here'
prev supp/mauve already been taken out..if it pops..the next area is 2028...
2028-2050 is res/prev supp area
thinking its goin to pop whatever fomc says
lets see what happens
dax could go with it to 10446 then 10581 aREAS and possibly higher
 

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we might get a dump at that res area ...but this is not a bear market until that downside vertical count gets activated at 1800 area ..more fumbling...i think
 
a clearer picture of that latest break
2 upmoves
the latest/aqua
we can track

ou9z88.gif

10240 supp area
10268
10282
areas
also
 
spx broken out yesterday
at this point market might think its another fake
lets see where support comes in

30j70xy.gif

1993-2k res
1973 prev res could be supp
 
10268 area seems to be holding
1976 on spx

10282 marked earlier
turns out to be a good scalp area
 
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