Supports levels (11700) had worked and futures ended in positive territory
Positive expectations in the European markets, after the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances.
1) Good news DY1! broke out thru the falling triangle today. 2) 100 EMA is the closest resistance level to observe. 3) Yesterday & today american futures indices closed in positive territory ES1! and still continue, careful to be too optimistic there are strongest resistance levels here that could affect. 4) Volatility is LOW now but you know what happenned with bad news #Trump #Tariffs #TradeWar 5) Above the 20 EMA, still remains 3 strongest resistances: 50 EMA , 200 SMA & 38% fibonacci return, .
Excellent opportunity to consider these markets also: DAXIBCCAC
Affected by American futures positive & negative about #TradeWar, but after all many experts believe that these announcements are a door to open negotiations or the real effects of these anouncements will take some time, but will see..
AGAIN... Europe sleeping, Wall street closed and Mr. #Trump makes beautiful announcemets! #Amazon #TradeWars #Trump #tariffs SPXSPYES es_f YYMNNQ New tariffs but markets doesn't believe anymore all this, markets open low but slowly. Still the same thing many announcements but we will see in next weeks what REALLY happens... EUROPES MARKETS ABOVE FALLING TRIANGLE, AMERICAN BELOW FALLING TRIANGLE, very important technical difference... Watch supports & resistance in my another post
Support & resistances:
Trade aktif
After all, not a bad day, not a terreble week, good oportunity for European markets to have autonomy stay a little aside from the trade war and become a refuge market, UK does the same thing, it keeps a little quiet and separate.
Yesterday again ups and downs in major indices, european indices were above of downtrend (yellow), another tweets of Mr. Trump moved Wall Street with sells at the end of the session but then recovering this morning and still positive this morning for european open.
#DAX is moving between 38.2 fibonacci & 100 EMA daily, accomplished our target, today coul be volatile for american opening, today may not be a good decision take position for long term because some Bearish will sell at 38.2 fibonacci and Bulls are above 100 EMA (daily graphs) , will be between these levels for next hours watching who wins this fight, European markets could be here some days waiting for Wall Street final reaction to principal downtrend line (yellow), this will help all the markets to consolidate sentiment.
In conclusion, positive but be careful with high volatility could be "nowhere" days trying to consolidate direction #Bearish vs. #Bullish
Trading ditutup: target tercapai
EUROPES MARKETS ABOVE FALLING TRIANGLE but AMERICAN STILL BELOW FALLING TRIANGLE, very important technical difference...
In general good day in Europe, but SPX futures SPXES1! still above dowtrend line, all markets and everybody are watching for this resistance.
Trading ditutup: target tercapai
DAX closed above EMA 50, but still nelow of 100 EMA, 200 SMA and waiting for SPX reaction to dowtrnd line resistance (yello)
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