Hello Traders!
It looks likely that we are going to retest the lows of late either make it a triple bottom and build higher or break through and continue the correction. 11600 is the key level to watch and I am currently long with a stop under there. Whilst I am bullish, and have been for sometime, I do have concerns over the direction of the market and the current movement is looking bearish.
My Trades
I have been testing my signals with a particular strategy and I have around 12 positions open at the moment, 6 or so have closed and I will be tracking my results here.
Dax Support & Resistance
| KEY LEVELS | Difference | |
| Daily R2 | 12174 | -7 |
| Daily R1 | 12045 | -26 |
| Value High | 11925 | -81 |
| Daily Pivot | 11915 | -55 |
| Naked VPOC | 11908 | -49 |
| 34 Hour EMA | 11870 | -66 |
| 24hr VWAP | 11832 | -154 |
| Value Low | 11820 | -107 |
| Daily S1 | 11786 | -74 |
| Daily S2 | 11656 | -103 |
| 200 Day EMA | 10517 | 12 |
Dax Charts
1Dax – FXI Indicator
2Dax Daily Chart
3Dax Intra-day Chart (4 hour)
4Dax Intra-day Chart (30 minute)
5Dax Intra-day Chart (5 minute)
6Dax Volume Profile Chart (5 minute)
