Because it is little stormy in here ended to post one chart more. Since 7:th of this month DAX has been doing 5 higher highs for hourly chart and latest one was done today. It occured in US hours which is also first time for...
Read MoreQuick peek for closing & day. Suggested ~1262 if reached is better than 1274 for bulls gave pretty quick reversal I can see. Daily RSI has done now roll-over and lazy zigzag path for possible B upwave is under progress. It...
Read MoreI bought this weekly pivot with 5 point stops only and running it overnight without monitoring it. Looking exit for it tomorrow around 50% leg for first, then next higher than that 61.8% from yesterday top – both from...
Read MoreWas forced to come down with his GDP which was way ahead of most macroeconomic analysts view and market responded for that, with selling of cource.By doing so, the range is still the same, 1295 sold, 1284 central pivot...
Read MorePerhaps third will retrace it, Bernanke speak of cource is the key tomorrow – before that SPX might stay below 1294 and do just small retracements.Hourly index chart is overbought now but I cannot spot much divergences for...
Read MoreI was looking DAX pattern and it really starts to looking as ZigZag pattern which might be bullish for another sesson also. However, the real engine is in here – commodites goes where stocks goes and vica verca. I...
Read MoreAs the bloomberg described it. That´s fits well for zigzag waves. Swings are reasonable big size if one do Globex hours and DAX particulary (there isn´t anything happening in US hours anyway besides first and last...
Read MoreTermination breake for 2 contracting triangle, if true we are still in here by end of the year (semtember-november). Personally I don´t think potential rally from 1240 overlapped low would lead this anywhere much, we are...
Read MoreTodays rally in Europe which started again in the early morning opening bells consolidated recent selling a lot for all timeframe oscillators (it is not necessary a good thing). It started yesterday in United States allready...
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