DAX Daily Update – May 20th – Dangerous Situation
Thursday was a day of losses on stocks. DAX started from 80 pts bearish gap and despite tries of fixing situation index ended day...
DAX Daily Update – May 19th – Hawkish FOMC
Yesterday all people waited for April FOMC meeting minutes. DAX ended session before that and investors were really careful yesterday. Bulls were helped by...
Al Brooks Price Action: Double bottom on the chart
The Emini had a wedge lower high major trend reversal that was followed by a strong bear breakout and measured move down midday. It...
DAX Daily Update – May 18th – All Efforts To Nothing
We can feel sorry for German bulls, because on Tuesday they were disappointed again. On Monday there was no DAX session and bulls over...
Al Brooks Price Action: Emini weekly update
Monthly S&P500 Emini futures candlestick chart: Might trigger sell signal
The monthly S&P500 Emini futures candlestick chart still has not triggered the short by falling...
DAX Daily Update – May 13th – Once again on the area of support
On Thursday there was a huge volatility on German DAX. Index moved between support and resistance reaching 500 pts of range. Traders on DAX...
DAX Daily Update – May 12th – Evening Star Pattern
DAX slipped on bearish trend line and because of external situation rebounded from resistance at 10,100 pts. EURUSD wasn’t helping, it was gaining all...
DAX Daily Update – May 11th – No Important Data
S&P500 started to gain again as expected. Now it is getting close to important resistance at 2,100 pts. DAX is correlated with US index...
DAX Daily Update – May 10th – Resistance At 10,100 pts
The beginning of Monday’s session belonged to bulls. Before start of session German factory orders data were published. It was much better than expected....
Al Brooks Price Action: Emini weekly update
Monthly S&P500 Emini futures candlestick chart: Sell signal bar
If the monthly S&P500 Emini futures candlestick chart trades 1 tick below the April low of...