12-07-2018 Dax Bias: Bearish below 12637 We have been in a bullish reaction wave for some time. The trend defining level for that Bullish reaction wave was 12421 which was pierced yesterday. We are currently trading inside the major fork visible on the 60m chart...
The Trump administration has released a wide-ranging list of Chinese goods it proposes to be hit with tariffs, including hundreds of food products as well as tobacco, coal, chemicals and tyres, dog and cat food, and consumer electronics including television...
10-07-2018 Dax 60m Chart We are still in a Bullish reaction leg as the series of higher highs and higher lows is still intact. There is a compression ‘wedge’ pattern forming and there will likely be a break out soon. A break to the downside of the wedge...
Investors are likely to follow the trade dispute between the US and China with eagle eyes this week. They also look to London because the minister responsible for the Brexit negotiations, David Davis, surprisingly made his job available at the weekend. Chaos is...
The Dax remains Bearish below 12440. The feared breakup of the CDU / CSU Union has been averted thanks to the compromise in the asylum dispute. It is independence day today so we expect slow conditions for trading. England win a penalty shootout for the first time in...
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