Everything is changed and Dax and several others indices entered in a bear market and for good.
We are experiencing very high levels of volatilility with the Dax topping 1000+ pips a day.
Things will calm down but this wouldn’t mean a rapid recovery. At all.
As most traders know, markets doesn’t move in straight lines but in waves. For any timeframe you pick the moves of the market are based on this continuos rises and falls. Moves are quite random, but can be “structured” to see the trend (HH and HL for an uptrend for example and viceversa).Read More
This week ended with Wall Street printing a series of all times high on all three major indices. Cool right?
If an alien just arrived in the USA he would think that the economy there is roaring at full speed. Probably expecting rather normal interest rates at around 5%, a wealth distributed on a large part of the population and so on.
Wait as this is not the case. The FED signaled a very probable rate cut from current (low) 2.5% on the next meeting at the end of July as the american economy showed signs of tiredness with several macros indicators deteriorating fast.
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This site is devoted to share ideas and strategies/ trends on different markets. A contribution is welcome regarding main indices or commodities.I mostly cover DAX, Gold and US indices. However I will analyze any other index or share at my will as I use my own methods, my own ideas and my own money.