FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

we can keep the thread going
THIS IS A GREAT TIME to keep it going...lots of volatility

 

[Dentalfloss]

DAX
some areas to watch

trend res /red at 11950 area
breakdown/purple 11825 area
trend support is 11650
prev breakout/up/aqua id 11600 AREA
these areas could coincide with some fibs..that should make them stronger

 

[Dentalfloss]

looks like we are in an area of decent support
lets see if it holds
no levels will be called..keep to an area...then look for the signals

 

[Dentalfloss]

dow
we should be in a support area
17500 area was a prev breakout point/bull test/aqua
17600 is trend supp area/green
box sizes are 50 points
you can see the head and shoulders clearly

 

[Dentalfloss]

spx
in horizontal support
wow..that was one hell of a move...the down O column..it did not even recoil
can the bulls make it bounce ??

 

[Dentalfloss]

next question....if they bounce,where do they go to ??
thats comin up

 

[myattitude]

we can keep the thread going
THIS IS A GREAT TIME to keep it going...lots of volatility

I would have thought it best to do it back on the other one again now. Your call though.

 

[libbo2003]

next question....if they bounce,where do they go to ??
thats comin up

Thanks Dentist

 

[Dentalfloss]

analysing the lates downtrend that started yesterday..where does the bounce go to to ??
if it bounces then bulls could get tested in these areas..then we assess the signals in these areas

 

[Dentalfloss]

we had the support AREA nailed
we got the bounce approx 100 point bounce
note how we pulled back and tested at 11650..that held....then it flew

the bounce went straight to test prev supp 11710 area

 

[Dentalfloss]

if we look at SPX 5 min
bounce is back to prev supp

 

[Dentalfloss]

dax
a bounce to prev res/supp area..then a tank
we had that area on our radar as we said earlier..it was a prev supp area

got a decent sell signal from the retest of res..closed 5 mins ago

 

[Dentalfloss]

spx bounce trade closed at 2048
we had 2050 area marked

 

[Dentalfloss]

dow
bounce trade closed in that area oof prev supp
dont want to hang around

 

[Dentalfloss]

So..the rally to 2060 area as we said this morning
shorts in from that res

 

[Dentalfloss]

 

[Dentalfloss]

if it gets there

 

[libbo2003]

Hows the dax looking up here?

 

[Dentalfloss]

Hows the dax looking up here?

5 min data
from yesterday
green trendline is the move up from the bounce we called this morning

11800 is the big number for bulls

 

[libbo2003]

5 min data
from yesterday
green trendline is the move up from the bounce we called this morning

11800 is the big number for bulls

thanks wish I had asked for that earlier it shows it moving up the trendline perfectly!! lol