TradingView
Dude1913
21. Febr. 2017 16:05

Short term pullback likely 

DAX index of German listed sharesFXCM

Beschreibung

Max 12030ish for this run..I think ATH possible in next leg up

Kommentar

11.850 Max I think on this pull back..... buying between 850 and 880 is a good thing JMHO

Kommentar

Think this was it....reverse and back up

Kommentar

Nasty day for daxie, beast sometimes up and down wow.....In my view it's still a buy above that fat purple trend line. Not convinced this is a start of something major (yet)

Maybe it dips briefly to 11.634 11.609 ish

Kommentar

Kommentar

Think 11.900 is a good short (If wee see that)

Kommentar

I'm thinking we are going to test last Friday's low at least one more time. So It could be a nice short here or at 11.900 max.....If it goes down indeed it will form a H&S pattern, something to keep in mind......

There is also Trump"s address to congress tomorrow, how the markets will react is anyone's guess.


Kommentar

Kommentar

Wow, I was to scared....but better safe then sorry! Markets are almost 100% insane now........Not going to end pretty, almost sure of that......Almost textbook blow-off top in the making (US markets)


Kommentare
hex0x40
"Not going to end pretty, almost sure of that" :) ....
Dude1913
@hex0x40, :-) Did you made any money on this spike? Or same as me?
Dude1913
@PSVert, I had buy order in for the DAX this morning, expected to close the gap somewhat..........but nopes was not going to happen :-)
hex0x40
@PSVert, I left yesterday but as you said : "better safe than sorry" :) !
Dude1913
@hex0x40, Yeps, nobody knows how the markets will react, short is tempting.....have small order in @ 12.050
Dude1913
@PSVert, Going to sleep a few hours! Was up all night, expected some action. But non of that, it was boring :-(
hex0x40
@PSVert, I just looked quickly overnight and hopefully because it was boring :)...
Dude1913
@hex0x40, Yeps, it was.......I removed order btw.......maybe 12.170 possible ......Just wait and see......
Dude1913
hex0x40
Your trendlines were accurately drawn : very helpful :) !
Mehr