Dax Technical Analysis 29/02/2016

Dax Technical Analysis 29/02/2016

[wp_ad_camp_1] Good morning traders! There are a few pieces of important even risk this week, beginning with the G20 meeting that began last week and ran over the weekend. We have China’s PMI, the US jobs report and HICP inflation numbers for the Eurozone....
Dax Technical Analysis 26/02/2016

Dax Technical Analysis 26/02/2016

Good morning traders! Friday! Potential reversal day! But are we ready to reverse, or has the move already started to happen? It feel like we have been really choppy this week, I had 9320 draw as a line in the sand, break below we are bearish break above we are...
Dax Technical Analysis 25/02/2016

Dax Technical Analysis 25/02/2016

Good morning traders! We started the session pretty bearish this morning with a 50 point gap lower, then a quick gap close before a further decline to a lower low for the day. We are currently in a very short term down trend, intra-day and (it’s about 09:30gmt...

Dax Technical Analysis 24/02/2016

Hello traders! There was a clear break out of the recent bullish trend channel today and we have now turned short term Bearish and Long term bearish. I was long and got stopped out, so I am watching. The market has crashed through the daily S2 already today and...
Dax Technical Analysis 23/02/2016

Dax Technical Analysis 23/02/2016

All kinds of technical indicators are starting to show that the Dax recovery is gaining more and more speed and we have clearly recovered significantly on the Dax over the last week or so. We had a gap lower this morning, showing just a hint of weakness, but we are...