DAX

I think Dax June 13 is due for correction and that it's good level to take profit on longs. On larger timeframes, there likely will be at least one down-up sequence, in order to complete rally from 19th April's low. Targets for upside are around 8500. The less probable, but still possible option is for market to top out here and turn down decisively.

On April 23th I wrote: «Dax June 13 has rallied smartly, momentum has shifted decisively to the upside. Market is open for more upside in coming days/weeks, targets are above 8100» 

Today, Dax June 13 has hit the first stipulated target — 8100, a wooping 600+ points gain in just eight days. Rally doesn't look finished, but quite over-extended in the short-term, so I think it worths to take 1/2 chips out of the table.

Stay tuned.



 

As previously communicated, Eurex is in the midst of upgrading their trading architecture. Eurex is targeting Friday, May 3rd, 2013 to migrate the DAX. All DAX GTCs must be pulled prior to the close on Friday.
Eurex is targeting Wednesday, May 7th, 2013 to migrate the Euro Stoxx. All Euro Stoxx GTCs must be pulled prior to the close on Wednesday.

Спасибо, что пришли.
Вопрос- почему у меня не открывается график индекса  немецкой биржи через forexpf.ru/chart/dax

Берегите себя!
/Hamster/

On April 17th I wrote: «I expect market to rally for several handreds points from here, but I still have no reliable evidence that the turn has occured already».  Market continued trading in choppy sideways manner for next several days. 
And today Dax June 13 has rallied smartly, momentum has shifted decisively to the upside. I think that the market is open for more upside in coming days/weeks, targets are above 8100. 

There is little to update regarding DAX June 13 — technicals are muted and my prop indicators remain in «sell». Nevertheless, I am of the opinion that market has bottomed today @7492, or maybe will sink marginally lower. While I expect market to rally for several handreds points from here, I still have no reliable evidence that the turn has occured already.

После открытия европейской сессии на финансовых рынках начался обвал.
DAX менее чем за час улетел ниже -3%. Тоже самое  показали все европейские индексы))))
В основном досталось трейдерам на рынке акций. Остальные рынки сильно не затронуло.

Самый ценный работник! А куда без него? Теперь то акции РусГидро будут расти как на дрожжах! Список инсайдеров пополнился еще одним лицемером.


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Technical picure in Dax June 13 remains somewhat muted, but the basement for bullish case has been laid with the strong momentum shift happened yesterday.  Trading above 7800 would confirm odds for extended rally next week. My prop indicators remain «sell» from late yesterday, I will turn long as soon as I have them flipped up.

I must admit I am lost pattern-wise, having no credible forecast for immediate future.
But that's what I have on my trading algo — that's what I base my trading decisions on:


 

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