Further out, I'm looking at 8,000 for the Dax...just not sure when exactly, but all tfs, Daily, weekly and monthly looking very bearish.

US and Euro stocks mounting one more rally before crashing?

Looking at the Daily, Dax could be going deep, around 10,700 at least, though it may well pullback first after this Frankie further leg down. Stocks are in big trouble again that's for sure.

US and Euro stocks mounting one more rally before crashing?

I've long since given up trying to explain anything about trading to someone who isn't a trader...it's a complete waste of time and effort. Actually though, it's not just non-traders, because I can't believe the number of people here on ff I've seen ...

US and Euro stocks mounting one more rally before crashing?

It's nice to be in the driving seat as it were, able to predict market moves before they happen despite the fact that those who do not know market behaviour as we do insist that this is impossible...kind of gives one a sense of power!

US and Euro stocks mounting one more rally before crashing?

" Stocks fall amid renewed trade growth fears " is the headline just published in the FT, that and the EU Commission cutting growth forecast, so no surprise there! There's always got to be a reason hasn't there?

US and Euro stocks mounting one more rally before crashing?

Still early days, but certainly the biggest single day fall in the Dax since October and it's still falling. Dow could be on its way back to 24,500 area I would say.

US and Euro stocks mounting one more rally before crashing?

Great move by the Dax, which is why I love trading it, because when it's got momentum behind it, it just keeps on going, and in answer to the trader ( dispersion ) who came on here yesterday with a snide comment accusing me of talking bullshit ...

US and Euro stocks mounting one more rally before crashing?

The Yellow Vests preparing for this weekend's big demonstrations outside the Elysee Palace!

US and Euro stocks mounting one more rally before crashing?

Dax finally capitulated as it just had to. The play safe exit is here on S3, but there could be more to this one, though as I said above, the H4 100sma with the 76.4% just above @ 168 could well stretch this one down a bit further.

US and Euro stocks mounting one more rally before crashing?

Dax surely going lower, and I would say the H4 100sma @ 11,160 is a pretty good target to aim for. Currently straddling m30 200ema support but this should break, though the London boys may well lift it off the open, if not before, only to sell it ...

US and Euro stocks mounting one more rally before crashing?

In fact, on the Dax anyhow, it's my bigger tfs that look set for a fall, so the H4, H3 and H2. but not quite yet, and there is too mush support on the smaller ones, so the 30m in particular, which supports the ' not quite there yet ' message I'm ...

US and Euro stocks mounting one more rally before crashing?

Often like this prior to a really big move. I don't think we are going to see anything today now, but tomorrow is ' Super Thursday ', so be ready is all I would say, and if it comes, then my money is to the downside.

US and Euro stocks mounting one more rally before crashing?

Up we go. I have potential resistance on Dow around 450, and on the Dax around 400, if they get there.

US and Euro stocks mounting one more rally before crashing?

Obviously chaotic and subjective to you. I suggest you read this thread from page one before you come on here to talk drivel.

US and Euro stocks mounting one more rally before crashing?

Dax looks poised to drop..some very bearish looking candles, just take a look at H3 which just completed. Whether it will or not remains to be seen, and there is still plenty of big MA support on m15 & 20, but if it can get past these, then she ...

US and Euro stocks mounting one more rally before crashing?

10m 200ema @ 310 which is also the Daily CP. It could lift here but only before another leg down I feel.

US and Euro stocks mounting one more rally before crashing?

Any Daxers out there, to me it's looking technically like we could come down heavily today, though dangerous to short where we are now just after the London open, as it needs to pull back a bit. If you're short from the Frankie open, best hold at BE.

US and Euro stocks mounting one more rally before crashing?

" Last night was Donald Trump's first State of the Union address, and in it, as expected , he spoke of America's 'booming' economy and the soaring US Stock Market...... Ironically however, on the day of the State of the Union address, US Stocks had ...

US and Euro stocks mounting one more rally before crashing?

haha..thanks!

US and Euro stocks mounting one more rally before crashing?

Thank you for the compliment Medici, I too felt it was very expressive for one so young. As Beethoven himself said " To play a wrong note is insignificant, but to play without passion is inexcusable ". Yes, the Dow is looking like it wants higher ...

US and Euro stocks mounting one more rally before crashing?