Market Overview: DAX 40 Futures DAX futures rose last week with a reversal bar at a measured move target. The bears needed good follow-through under that bar. But you can see a lot of traders scalped the targets below. We might need to come back up to find more sellers. 18000 was support for many […]
DAX 40 Weak Buy Signal, Far From MA, TTR
Market Overview: DAX 40 Futures DAX futures went sideways last month with a weak buy signal and a small bull doji. It’s too high to buy above those bars, but some bulls will buy a new high. Stop is far away. DAX seems to pull back sharply after a tight trading range on the monthly chart, […]
DAX 40 Triangle, BOM, Buyers Above MA, Big Bear Bars
Market Overview: DAX 40 Futures DAX futures went sideways last week in a triangle and BOM. We have been oscillating around 18500 in between the two magnets of 19000 and 18000. Limit the order market so most traders do not touch it during this timeframe until there is a clear breakout either way. The daily […]
DAX 40 Bear Surprise, 5 Reversals, at MA in Bull Channel
Market Overview: DAX 40 Futures DAX futures went lower last week, with a bear surprise bar closing near its low. A strong reversal at the end of last week, and there should be a bit more sideways to down after. The bulls failed to get strong buying for a new high, so we will likely […]
DAX 40 Consecutive Bull Bars, Heading to 19000
Market Overview: DAX 40 Futures DAX futures went higher last week, with bull bars above the MA again in a bull channel. After a miss earlier, it looks like 19000 is the target again. Bears needed to do more below the MA but failed. Sideways to up is more likely in a channelling style. DAX […]
DAX 40 Outside Up, Middle of TR, Bull Channel
Market Overview: DAX 40 Futures DAX futures went higher last week with a bull outside up bar. Bears tried to take control but couldn’t get much below 18000. Middle of a trading range in a bull channel, so still more likely sideways to up. We could go sideways here as traders decide what to do. […]
DAX 40 Final Flag or Reversal at MM Target
Market Overview: DAX 40 Futures DAX futures went sideways with a bear inside bar, a possible final flag at a measured move target. Tight range on the monthly and 5 bear bars on the weekly, so tough to buy and might be near the bottom of the down leg. Sideways more likely. We are right […]
DAX 40 Bull Channel, Bottom ⅓ TR, 18000 Magnet
Market Overview: DAX 40 Futures DAX futures went higher last week with a small bull bar at the 18000 magnet. It’s a pullback and a pause after a big volatility expansion last week. Always in short on the daily chart and lower third of a trading range on the weekly, so probably buyers not far […]
DAX 40 Weekly: Failed Bull Breakout, Test Last Leg, WT
Market Overview: DAX 40 Futures DAX futures went lower last week with a failed bull breakout, pulling back to the MA after three legs up. It was a double top, and we will likely form a trading range up here between 18000 and 19000. The bulls want a double bottom test of the high and […]
DAX 40 Tight Bull Channel, Failed Breakout, Pause
Market Overview: DAX 40 Futures DAX futures rose last month with a potential failed breakout in a bull channel. A likely parabolic wedge top, a stronger breakout on a higher time frame, and traders wonder how much of the breakout gap will stay open. Bulls are sitting on good profits, but bears haven’t triggered a […]
