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Looks like the ECB announcement has brought some bullish movements.
Though the ECB discussion will take place in 45 minutes - the high of this week
was NOT taken out.
Nor the 10K had been killed!
Based on this plus this week's thoughts we can assume that the trend is
down from this point.
Tomorrow the last trade of the week will take place - the next one then
on Tuesday - as Monday is holiday...
GFIs1
edit after ECB details:
Price came up to 10017 and is falling back again underneath 10K.
The daily volume interestingly does not exceed the days before...
So the pricing in was done in the last 3 weeks. Some conso is due
before a further pushing up will take place (maybe from autumn -
just my 2 cents).
entry @ 10023 ***FIRST trade with 5 digit DAX***
exit @ 10029
result minus 6 points
IB volume ok Resistance at 10000
looks like some conso today and tomorrow before pushing up more
GFIs1
today's countertrend trade did not play out as intended - the bulls were -
even with low volume - still stronger..
from here some up today could be highly possible
The "battle" at 10K is not over yet.
My thoughts are for the next 2 weeks coming:
1) Price is passing 10K several times before getting higher
2) A maximum of 10333 could be reached - mostly before triple witch next week (Friday)
3) From there some lower prices will be seen in the lower volume months of summer
