Dax Levels Back by popular demand KEY LEVELS POC (Futures) 12690 Value Area High (Futures) 12698 Value Area Low (Futures) 12674 14 Day ATR 73.22 200 EMA 12060 Daily R2 12763 Daily R1 12740 Daily Pivot 12701 Daily S1 12678 Daily S2 12640 *Please be aware that FXCM can...
Dax Outlook 12750-12800 targets still Yesterday we were looking for an opportunity to sell, anticipating a change of direction based on the unusual ‘distribution’ behaviour we have seen recently. This idea was based on a series of failed minor swings...
Dax Outlook The TPO from yesterday has a double distribution creating a low volume area, which is the complete opposite of Friday and Thursday which has a high volume area in the same zone. We are beginning to test this range support and yesterday we made significant...
Dax Outlook The German elections confirm that Merkel’s CDU remains the largest party, however, the coalition will go through some changes with the most likely outcome being the Jamaican coalition of Black, Yellow and Green (CDU / FDU and Greens). I didn’t...
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