22 January 2019
Pre-open Scenarios Yesterday the market retraced neraly 50% of Friday’s move and then bounced into the close to the 61.8% fib. ON, it has weakened further
21 January 2019
Pre-open Scenarios Last week saw lots of corrective backwards and forwards action until Friday when the market exploded upwards and filled a few of December’s gaps.
14 January 2019
Pre-open Scenarios The move upward – after the initial push has always looked corective in nature. On this chart, showing 1month’s prices, the market looks like
10 January 2019
Pre-open Scenarios The market is in an uptrend within a corrective range. On the upside there are still plenty of unfilled gaps between 11070 and 11350
9 January 2019
Pre-open Scenarios The high yesterday – if you include the futures session – was 10845 and this was swiftly rejected. The question today is, was Friday’s
8 January 2019
Pre-open Scenarios We are already 700 points above the lows. Will the market stage an early fake out to attract more buyers and then retrace before
7 January 2019
To do these trades, I need to be fast. Considering Friday’s gains and the ON bullishness, a buy into the futures close at the open is
4 January 2019
Pre-open Scenarios Although the overall trend is down, the Dax is in a corrective structure until it break 10253 on the downside or makes a new
3 January 2019
Pre-open Scenarios Yesterday saw a strong reversal from the cloisng gap left on 27 Dec and then continued gains, breaking the upper TL on the daily
