short

10 de dez. de 2016

TP10806
SL 11330

10 de dez. de 2016

Trade ativo

Currently, we have not elected any Daily Bearish Reversals from this new high. The immediate Daily Bearish Reversal to watch lies at 1060431 but focus more on 1053922. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1114598 would also imply a technical based pause in the uptrend for now.

12 de dez. de 2016

Trade ativo

decide to hold

12 de dez. de 2016

Trade ativo

add another 100 contract

14 de dez. de 2016

Trade ativo

From the reaction high at 1082772 We have elected a Bearish Reversal at 1079784 from that high warning of inherent weakness forming. We now look at the Monthly Bearish Reversal from the reaction high, which rests at 921400. A closing beneath this level will warn of a retest of the last low. Therefore, the immediate trading range is 1088699 to 921400. A closing above this range will signal a retest of the former high whereas a closing below will signal a break to the downside.

18 de dez. de 2016

Nota

As of the close of Fri. Dec. 16, 2016, the market is immediately in a bullish posture near-term suggesting it is quite strong trading above the December 2015 high. DAX Index Cash closed today at 1140401 and is trading up about 6.15% for the year from last year's closing of 1074301. So far, we have been trading up for the past 10 days since the low made on Fri. Dec. 2, 2016.

On the weekly level, the last important high was established the week of December 12th at 1145157, which was up 44 weeks from the low made back during the week of February 8th. We have been generally trading up since the low made week of November 7th at 1017492 for the past 5 weeks, which has been a significant move of 12% percent in a stark panic type advance. The broader perspective, this current rally into the week of December 12th reaching 1145157 has exceeded the previous high of 1082772 made back during the week of October 24th. We have seen a rally so far from the last low of 1017492 for the past 5 weeks. Only a break of that low would signal a technical reversal of fortune, however, the market remains strong at this time. Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend, and cyclical strength. Looking at this from a wider perspective, this market has been trading up for the past 11 weeks overall. Looking at the longer-term monthly level, we did see a correction from the key high of November 2015 for 3 months. Since that low, however, we have consolidated for 9 months.

Some caution is necessary since the last high 1143087 was important given we did obtain two sell signals from that event established during November 2015. Critical support still underlies this market at 939534 and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible. Subsequently, the market made a low in February at 869929 electing two buy signals from that event. Critical resistance now stands on a monthly closing basis at 1088699 and a break above that level on a monthly closing basis would warn of a continued advance ahead becomes possible. Currently, this market remains in an uptrend posture on all our indicators looking at the weekly level. We see here the trend has been moving up for the past 5 weeks. The last weekly level low was 1017492, which formed during the week of November 7th. The last high on the weekly level was 1145157, which was created during the week of December 12th. Looking at a broader time horizon, this market is in an uptrend position on all our monthly indicators for the near term trend. We see here the trend has been moving up for the past 9 months. The last monthly level low was 869929, which formed during February. The last high on the monthly level was 1082772, which was created during October. We have generated a buy signal so some caution is required. We see that the trend should change come this month so pay attention to events ahead.

18 de dez. de 2016

Trade ativo

Technical projected resistance for tomorrow stands at 1155646. Only exceeding that level would imply a runaway breakout to the upside.

23 de dez. de 2016

Trade ativo

Currently, we have not elected any Daily Bearish Reversals from this new high. The immediate Daily Bearish Reversal to watch lies at 1126702. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1142877 would also imply a technical based pause in the uptrend for now.

25 de dez. de 2016

Trade ativo

Following the high of 1239075 established during April 2015, we have declined into a low at 869929 created during February overall for 10 months, but we have not elected any Bearish Reversals to date so we need to focus on support at 914877.

30 de dez. de 2016

Trade ativo

Currently, we have not elected any Daily Bearish Reversals from this new high of Tuesday December 27th. The immediate Daily Bearish Reversal to watch lies at 1142876. A closing beneath this level will signal a temporary high is in place. Additionally, 1145155 offers some technical overhead resistance for now. Moreover, our Daily Bullish Reversal to watch stands at 1156110 and it will require a daily closing above this level to signal new highs lie ahead.

4 de fev. de 2017

Trade ativo

Currently, we have not elected any Monthly Bearish Reversals from this new high. The immediate Monthly Bearish Reversal to watch lies at 1059431. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1141482 would also imply a technical based pause in the uptrend for now.

5 de mar. de 2017

Trade ativo

Currently, we have not elected any Monthly Bearish Reversals from this new high. The immediate Monthly Bearish Reversal to watch lies at 914877. A closing beneath this level will signal a temporary high is in place. Additionally, a closing beneath 1133137 would also imply a technical based pause in the uptrend for now. We have elected 4 Monthly Reversals from the reaction low of February 2016.