Levels I'm watching closely for potential R are 130-150 on Dow and 515 on Dax.

US and Euro stocks mounting one more rally before crashing?

Where best to plot the fibs on the Dax atm? Plotting from yesterday's 521 high, so the last obvious peak, slots the 61.8% just below the H1 100sma @ 477, which could act as resistance to send the price on its next leg down if the price gets there. ...

US and Euro stocks mounting one more rally before crashing?

[/B] Precisely, my charts are the least cluttered you'll find on ff, a few MAs, Bollinger, MACD, and that's it. I just use a lot of them.

US and Euro stocks mounting one more rally before crashing?

As long as I get to choose who to go into battle with!

US and Euro stocks mounting one more rally before crashing?

Thanks for that wonderful bed time reading! Multiple tfs, yes, I think most people assume it'll be like watching a dozen clocks simultaneously all showing different times and trying to decipher which one is correct. I do remember at school after an ...

US and Euro stocks mounting one more rally before crashing?

The Dax is looking very similar to yesterday, a solid down move, followed by a solid rally back up again, but if this is going lower later or tomorrow, then this move will not reach yesterday's highs, In fact, a nice had & shoulder pattern is ...

US and Euro stocks mounting one more rally before crashing?

haha...easy, because I never use the 150 or the 300. Because of the moving averages I use, I space my tfs x3, so if my smallest is 20 seconds, the next one up will be 1m, then 3m & so on. I always use a 30m tf with a 100 and 200sma, so to avoid ...

US and Euro stocks mounting one more rally before crashing?

It's like only looking down at the ground in front of you when you walk, you'll be able to walk in a straight line near enough and you'll avoid turning your ankle over in a pothole, but it's only when you look around you that you see where you are ...

US and Euro stocks mounting one more rally before crashing?

2 Dow charts, H2 & H6. H2 shows the price now down on its 100sma, from which it rallied on the 15th of this month. Will it do so again? H6 shows me that it won't, not to the same extent, perhaps back up as in the green broken arrow, but for me, not ...

US and Euro stocks mounting one more rally before crashing?

Dow is coming down, of that I am certain, just depends how messy it will be before it does, as today could be one more day when it frustrates us and kicks back up again, but everything, on all my time frames up to Daily, shows me that this monster ...

US and Euro stocks mounting one more rally before crashing?

All the support that was there yesterday on Dax is still there today beginning with the 30m 200ema today at 462, or a bit higher my H1 100sma @ 472.

US and Euro stocks mounting one more rally before crashing?

Seems like that was a typical death throe move on Dax yesterday afternoon. We're now set for lower levels I would say, so S1 @ 11,447 should be reached today at least, but needs to come back a bit first. Just depends how fast London wants to push ...

US and Euro stocks mounting one more rally before crashing?

Again apologies, as I know this is not a forum for placing one's favourite music videos, but please allow me just this one. 'New Grass' is my favourite Mark Hollis composition. For me it captures the beauty, hope, despair, and ultimately, the ...

US and Euro stocks mounting one more rally before crashing?

Thank you my friend!

US and Euro stocks mounting one more rally before crashing?

The Dow has been finding support on the 90m 100sma as you can see clearly from this chart. My next significant level to watch for a potential short opportunity is around 250 give or take.

US and Euro stocks mounting one more rally before crashing?

It's not so difficult to understand, although the up move by Dax today was frustrating because it came all the way back twice, taking me out at BE both times, but a bull market, which this is, can always be expected to rally of of its big supporting ...

US and Euro stocks mounting one more rally before crashing?

The Dow is pulling Dax up, but now Dow is within my potential R area, up to I would say 26,100 today, and that last aggressive push up on Dax looked suspiciously like a death throe move to me, so will it now hold??

US and Euro stocks mounting one more rally before crashing?

This 540-50 level on Dax has got to be a big R level. Let's see what it does???

US and Euro stocks mounting one more rally before crashing?

Couldn't agree more. I've spent the day sitting outside in the warm sunshine with Betty my cat listening to Talk Talk tracks and remembering the life of one of Britain's greatest ever musical artists. The markets have not taken centre stage for once. ...

US and Euro stocks mounting one more rally before crashing?