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Author: truman52000

DAX possibly regaining some ground next week

  ┬áReally 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. Hovever volatility is showing signs of calming down so next I expect the index to re-enter in the flag and even attempt a (false) breakout up to the 50% Fibonacci retracement in 12650 area.The other option is a raise to the 12450 zone before capitulating. The 50 days Moving average...

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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 takes place, either through formal exchanges or over-the-counter markets. Also known as the equity market, the stock market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership.(Investopedia)   So what is the equity capital? Easy...

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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

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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

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About us

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.

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