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DAX update (and is not pretty)

Just a quick update for a meaningful Dax movement I was expecting for. The head and shoulder pattern unfolded breaking the neckline at 11700 and at the same time a medium term upward channel (1). Support has been found at 11400 where the 200 days simple moving average...

A few levels to keep in mind (DAX-DOW-GOLD)

One of the most important lines to keep well in mind when trading are undoubtebly historical levels of support and resistance that proved to be key signals for a long or short position. A broken resistance or support or a rejection would give a major hint on the...

DAX possibly regaining some ground next week

  Really a bad week for the DAX, that broke the 12K mark and has been hovering below, and regained the level just on the futures market helped by Wall Street recupering ground in the final hours. Technically the DAX has broken the bearish flag on the daily chart....

The economy will be doing just fine forever (and pigs fly too)

Today I will be extremely boring, you have been adviced. What is the stock Market?   The stock market refers to the collection of markets and exchanges where the issuing and trading of equities (stocks of publicly held companies), bonds and other sorts of securities...

DAX in a uncertain range

The index is still in a short term downtrend started since last month top and ranging in a quite wide channel. The 50 days Moving Average has been tested already three times, with lot of bearish action during last Friday

Tulip maniacs and BTFD

By 1636 tulips were traded on the exchanges of numerous Dutch towns and cities. This encouraged trading in tulips by all members of society; Mackay recounted people selling or trading their other possessions in order to speculate in the tulip market

DOW running out of breath (finally?)

The Dow Jones has finally slowed down. And this is already a news. After several weeks of basically uninterrupt run, it seems to have found a ceiling at 23600.

A close under the 13K level. What can it trigger?

The Dax didn t close under the 13K milestone since October. November has been a bullish month until next week, where the DAX kept on addin all time highs up to the 13500 mark.

What you have seen in the past might been small potatoes

Today President Trump celebrates with the twit above a new milestone for the Dow Jones.

This is getting scary

Never ever have seen such a market,or better such an easy market. No risk market, everyone get a free ride.


 I will add post and analysis on a not regular basis.iF YOU WANT TO CHECK OLDER POST THEY ARE AVAILABLE  below or ON THE TIMELINE. if you need a good reading to understand the basic of analysis check here this free resource

An interesting poll to keep you going. How long do you think it will take for the Dow Jones to fall under 20K?poll will close the 31st of January. I think it will happen before the end of November 2018 and here is the countdown!

When do you think the Dow Jones will fall under 20000 points

  • 7-12 months (47%, 14 Votes)
  • 3-6 months (27%, 8 Votes)
  • never again (20%, 6 Votes)
  • 13-24 months (7%, 2 Votes)

Total Voters: 30

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Dow Jones under 20,000 points