DAX and S&P500 Weekly Update – May 9th – New Optimism
Friday’s US job report should start new wave of optimism in the markets. Although unemployment rate is unchanged but the gain of new jobs...
DAX Daily Update – May 6th – Friday’s US Nonfarm Payrolls data
On Thursday there wasn't any bigger turns at indices. German DAX finished at low plus +0.24% and defended support at 9810 pts. French CAC40...
Al Brooks Price Action: Gap down and what’s next?
The Emini had another reversal day, despite the big gap down and early selling. The Emini has been in a trading range for a...
DAX Daily Update – April 29th – 10100 pts was tested
Yesterday's the analysis could be quite profitable. I wrote: "Price should move between 10100 pts – 10500 pts. With test of that first mentioned...
DAX Daily Update – April 28th – FOMC without surprise
A lot has happened during Wednesday's session. First we saw worse than forecast data from Australia which provoked huge volatility on AUD currency. Second...
Al Brooks Price Action: Pre-FOMC Emini trading
Summary of yesterday’s S&P Emini futures price action and what to expect today
The Emini spent most of the day in a tight trading range....
DAX Daily Update – April 27th – FED without any chances for hike
Tuesday's session was a typical waiting session. According to my previous analysis German DAX finished day in red color, but declines were only -0.34%....
DAX Daily Update – April 26th – Silence before the storm
On Monday investors did not have a lot of excitements. There was a low volatility everywhere. EURUSD slightly rebounded and back above 1.1250, even...
S&P500 and DAX daily analysis. Evening star pattern.
Previous analysis was quite profitable to investors that opened long positions. I indicated resistances at 2100 pts for S&P500 and 10500 pts for German...
Al Brooks Price Action: Weekly Emini update
Monthly S&P500 Emini futures candlestick chart: Small breakout to new all-time high
The monthly S&P500 Emini futures candlestick chart broke above its 2 year trading...