Short DAX at 7740

[ASusilovic]

Fascinating how simple Fibonacci lines work...

 

[ASusilovic]

Simple FDAX instructions :

Short 5807.00. Long 5763.00. Ping pong.

 

[pcvix]

Quote from ASusilovic:

Ping pong.

Is this not a reference from Japanese game shows?

 

[Alexandre]

be ready for melt up, longs will be rewarded today...

will go long around 5790 if we get there

 

[ASusilovic]

Quote from Alexandre:

be ready for melt up, longs will be rewarded today...

will go long around 5790 if we get there

Good luck with that !

 

[archimg77]

Quote from Alexandre:

be ready for melt up, longs will be rewarded today...

will go long around 5790 if we get there

We are close to the top and as we see 5800 holding quite well.
I'm looking forward to longs as well but cautiously.

 

[pcvix]

Quote from ASusilovic:

Simple FDAX instructions :

Short 5807.00. Long 5763.00. Ping pong.

Same again today?

 

[Alexandre]

Quote from ASusilovic:

Good luck with that !

we may be in the last phase of this bear market correction. I'm looking for a spike that will bring the ES to 1135 max.

Today or tomorrow could see this spike which will give a great sell opportunity.

I am puzzled by this rally but there is no way I'm going to fight it. I will let it exhaust itself and try to make some bucks out of it.

Fundamentally I am bearish but there is no point fighting the trend at this point.

5880 to 5920 is a great sell zone. I don't think we'll go higher than that.

 

[archimg77]

never say never



I see something is happening on DAX ... right now. Any idea?

 

[Alexandre]

you mean Eurex down?