DAX Support in monthly chart

There is NO support in monthly chart - watching Ichimoku - until February next year.
So things seem to develop in one direction.

No upload possible...

GFIs1

Symple 

@GFIs1 Have not seen you for a while and hope you are fine. To keep this thread moving on, here an other super "Head and shoulder pattern" on the hourly chart in the DAX. The result can be seen in the new live chart in the DAX. Hope to see you soon again here in this thread Symple

Little update on this one:

Outcome so far for now with this "H^S" pattern. This shortly before US markets open.



Have a nice weekend and @GFIs1: Indeed some interesting thoughts and analyzes from you again.

I wish every body a nice, coming weekend.

Symple

Friday remark

16:08
"edit 9:28 - during IB DAX killed 14k again
so: trade on track

might give a bloody Friday"

actual low: 13795

My vision in the morning was not bad

GFIs1


TWO MORE RED DAYS AHEAD.

EDIT 17:30 - closing of the DAX @ 13753

Symple 

Little update on this one: Outcome so far for now with this "H^S" pattern. This shortly before US markets open. Have a nice weekend and @GFIs1: Indeed some interesting thoughts and analyzes from you again. I wish every body a nice, coming weekend. Symple

"DAX" closed at around this level, as @GFIs1 already has mentioned and I did hedge any trade in the past in any market done on a Friday, to not get catched with what ever news over the weekend. But this was just my way and idea in the past and others surely have a higher risk profile compare to what I had in the past.



Symple

Overview on the DAX monthly

DAX Monthly 2022


GFIs1

Monday

Asia all red - nearly down 3%, some above 3%

DAX pre cash @ 13557 (7:30)
which gives more weight to my weekend phrase:
"get back to the lows of March 7&8
Means: 12512 and lower"
Just 1k away now...

GFIs1

Red Days

Started last Friday with a bloody day.
Announced then my thoughts about TWO red days following Monday and Tuesday.
Now in the middle of this scenario we see exactly this.

Wednesday which shows normally a SHORT, will be the rebounding day.
But for now the downsteps are on the plate.

Finally my swing trade from last week is on track.

Good trades
GFIs1

Inflation? Recession?

As an economist I am talking about Inflation since a long time. And I spoke here about Recession too. This is what we see in the markets very soon.

Why?
Because the national banks around the world did not do their homework properly!
This fiat money flooding the markets were and ARE still poison.
Now the national banks are running after markets with a former 'laisser faire' and face now a recession that is home made exactly by them.

Actual situation is a threat to working people, poor, and the retired. This influences the taxes, the interest rates for everyone.
And that will
LAST LONG!

So be prepared that markets will be shrinking, have less volatility and will have less volume because many traders will hop off the bandwagon.

GFIs1

Simply that such charts are documented with such incredible, nice movements, regardless if those are in those examples to the down side.





Symple

Tuesday

Asia red - NIKK partly -2%, the rest a bit better... US red yesterday.
btc$ @ the 20k line!

Looks like the DAX will get red today and might show a soft landing.

Tomorrow FED interest decision!!!

We will see

DAX pre cash 7:30 @ 13537 - within the range of yesterday. No gap.

GFIs1