Hey tradomaniacs,
quick a weekly overview of the DAX.
It all plays out as the S/H/S-Pattern pre-determined.
Technically we`ve seen a decent correction and sell-off below the 10.000, which has not been touched for more than 8 years.
The sell-pressure is more than obvious and clear. But can we recover?
Is that a trigger for panic? Or rather a chance to buy as cheap as never before?
NOONE KNOWS!
My first target is the 10.583 and should be the next decent support-level!
But what about the US-Markets, whose seems to be upbeat not willing to violate the previous lows of the year?
If we don`t head downwards the DAX could possibly get "support" by the Wallstreet.
During the last week we`ve seen alot of important news that could support the wallstreet this month!
1. OPEC finally agreed to reduce the discharge of oil by 1,4 mio barrel a day.
2. NFP-Data way worse than expected. A weak economy means no the FED could possibly abstain from its policy and decrease the amount of rate hikes, which would weaken the US-DOLLAR and push the economy (still liquidity) and
oil!
But there are still important things like the brexit, tradewar, italy and so on!
What will happen? Noone knows!
For now, I`m still bearish but I see the potential auf a change before we crash next year! :-)
-----------------------------------------------------------------------------------------------------------------
Leave a like and a comment - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
quick a weekly overview of the DAX.
It all plays out as the S/H/S-Pattern pre-determined.
Technically we`ve seen a decent correction and sell-off below the 10.000, which has not been touched for more than 8 years.
The sell-pressure is more than obvious and clear. But can we recover?
Is that a trigger for panic? Or rather a chance to buy as cheap as never before?
NOONE KNOWS!
My first target is the 10.583 and should be the next decent support-level!
But what about the US-Markets, whose seems to be upbeat not willing to violate the previous lows of the year?
If we don`t head downwards the DAX could possibly get "support" by the Wallstreet.
During the last week we`ve seen alot of important news that could support the wallstreet this month!
1. OPEC finally agreed to reduce the discharge of oil by 1,4 mio barrel a day.
2. NFP-Data way worse than expected. A weak economy means no the FED could possibly abstain from its policy and decrease the amount of rate hikes, which would weaken the US-DOLLAR and push the economy (still liquidity) and
oil!
But there are still important things like the brexit, tradewar, italy and so on!
What will happen? Noone knows!
For now, I`m still bearish but I see the potential auf a change before we crash next year! :-)
-----------------------------------------------------------------------------------------------------------------
Leave a like and a comment - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.

