Swing Trades DAX/DOW/NQ/GOLD

SnP and NQ turned Bearish in August

DOW and RUSSEL on the edge to turn Bearish but already very weak for a few weeks

DAX tries to hold its 15.800

DAX still hovering inside 16.100<>15.800 sideways zone

Up target 15.950>>15.980>>16K
Down target 15.800>>15.750

DOW has a TPO GAP to fill from 35.050<>34.825 zone
Still in a transition zone between MA lines channel. No surrender yet.

DAX is (still) waiting for the sideways DOW if its gone drop to fill that GAP
Below 15.850<>800 likely more downward action

FDXS Short 15.869 8 lot
T1 +19p/20p 6 lot
2 left/SL BE
1 more closed +20p
1 left SL BE

FDXM 1 lot short and closed +18p

Hong Kong stocks slide over 2% as property sector sees selloff; Asia markets fall
Property shares sell off; Country Garden drops nearly 15%

NQ Mini short 15.064 2 lot
T1 +15p
1 left
+10p locked in
Closed +10p last lot

MNQ Micro still 2 lot running 15.075/SL BE

At 15K SP zone.

ES Mini short 4473
T1 +2.5p 1 lot
1 left SL +1p locked in

Closed +3p last lot

MYM (Micro) short 35.282 10 lot
T1 +15/16p 6 lot
4 left

YM (Mini) Short 35.280 2 lot
T1 +13p 1 lot
1 left SL BE

+40p locked in last lot
Closed +40p last lot

At last Wk Tuesdays close
Close to DS1

Target 800 zone
Next 750<>725 zone

US indexes heading for their BRNs again
35.000
4400
15.000

Not much institutional support

Markets in a Holiday state of mind.

FDXM Long 15.963 (missed the better entry around 935/940 just above DPP/WPP)
Last lot
DR1 in the way for 16K
Closed +10p last lot

FDXS Long 15.955
T1 +15/17p 3 lot
1 left for 16K zone
Closed BE last lot

Above 960 or much deeper new Long try, but still in its sideways range 15.800<>16.000

MYM (Micro) long 35.401 10 lot
T1 +10/11p 6 lot
4 left
Target 35.500>>35.540
T2 +38p 2 lot
2 left SL BE


YM Min Long 2 lot and closed +11p 2 lot

Some hot shot market maker(s) let the market jump up a few Hrs ago and now they take out all the SLs from traders who jumped in with Buy longs (and didn't take profit).

Markets are still sideways (DOW) to Bearish.

MNQ 4 lot long closed at Fridays close +25/27p 15.100 zone BRN

MNQ Re entry Long

T2 +10/11p 1 lot
1 left SL BE
Closed last lot BE

Trgt 140/150 DPP/ETH POC/+0.25% zone. Reached without me. SL to tight last lot

Markets are rubbish/Summer blues

Buyers try to lift/rebound but sellers are in control

NQ & SnP dropped already quit deep, so not sure if sellers keep control here

MES Micro Long 4477 6 lot
T1 +5p 5 lot
1 left SL BE
Closed +8p last lot

Just scalping

ES Mini 1 lot long closed +1.5p

DOW buyers & Sellers keep each other hostage. No Brake Out so far.

Same for the DAX

MNQ Long again 15.168 last lot
Closed +35p at several RS levels zone

MNQ Long 15.305
T1 +15p 3 lot
2 left
T2 +22p 1 lot
1 left for 350>>>400 zone/SL BE

Once above 15.400 some more Buy MM.
Before it is there likely a lot of ups & downs first. Just as in real life.

Asian markets tumbled on Monday, with the Chinese yuan nearing its lowest level since the end of June (also the year's minimum). Caution dominates European exchanges and US equity futures. China's 5-year credit default swap rate rose 5 basis points on Monday, reflecting the growing concerns in the country's financial sector, particularly the increasing risk of default for major developer Country Garden

The markets remains calm as they awaits fundamental information from the Federal Reserve and the US economy. Retail sales data in the US (scheduled for tomorrow) and the Fed minutes on Wednesday are this week's highlights.