Short DAX at 7740

777.50 in ES crucial for further development. If holdin, we might see 793.00 or close gap at 820.00 in the next days. Anyway, Citibank news might be positive enough to bring us to these levels. FDAX will of course move "in sympathy". :p
 
Citi shares in Frankfurt up 27.7% on the back of quasi-nationalisation. If I had Citi shares I would dump them now.

On FDAX, my target is 3650 with max rebound to 4150.

I think we can see 4150 if ES touches 793. I don't see ES breaking the 793-800 zone.

Currently sitting on the sidelines, will go long gold later today.
 
Quote from ASusilovic:

777.50 in ES crucial for further development. If holdin, we might see 793.00 or close gap at 820.00 in the next days. Anyway, Citibank news might be positive enough to bring us to these levels. FDAX will of course move "in sympathy". :p

missing one leg here on sp. 740/744
 
hmmm... DAX is really underperforming the ES- a bit confused. ES is 8.5 points above fair value and DAX is 5 points from low of day (after hours) towards the NY close yesterday. big divergence.

a somewhat nervous long based on it...
 
Quote from gangof4:

hmmm... DAX is really underperforming the ES- a bit confused. ES is 8.5 points above fair value and DAX is 5 points from low of day (after hours) towards the NY close yesterday. big divergence.

a somewhat nervous long based on it...

out @ 83.50 for no particular reason beyond thinking the ES is heading lower and will drag the DAX w/it (well, that and the gain was big enough not to get greedy without a clear trend in my favour).
 
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