All Time Highs, just above 13500 will not seen again for years
My FF is that we will have a severe decline at least to 10700-10200 area by February-March 2018 then a bounce and down again below 9500
Fully short
Posted 22 November 2017 - 12:40 PM
All Time Highs, just above 13500 will not seen again for years
My FF is that we will have a severe decline at least to 10700-10200 area by February-March 2018 then a bounce and down again below 9500
Fully short
Posted 22 November 2017 - 02:12 PM
the dax usually draws a long distribution when topping......and so far I don' t see any distribution marking an LT top. Everything is possible obviously, but what are the reasons why for such a scenario ? For example I' m seeing it to 14000 by early January and then a good correction into February- March....but nothing to do with an LT top. Curious why you have such a scenario.....due to any pattern or what ?
forever and only a V-E-N-E-T-K-E-N - langbard
Posted 22 November 2017 - 02:22 PM
Posted 22 November 2017 - 02:32 PM
Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).
Here's the latest data through last Friday for further discussion.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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Posted 22 November 2017 - 02:51 PM
It's a harbinger for US market, just a matter of timing.............
Edited by redfoliage2, 22 November 2017 - 02:54 PM.
Posted 22 November 2017 - 02:53 PM
Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).
Here's the latest data through last Friday for further discussion.
Fib
does this mean you too think the dax has marked an LT TOP at 13600 and such level won' t be seen again for years ?
forever and only a V-E-N-E-T-K-E-N - langbard
Posted 22 November 2017 - 03:23 PM
It's a harbinger for US market, just a matter of timing.............
Think of the DAX as that of the NASDAQ and comparing it with the FTSE and the NYSE respectively.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 22 November 2017 - 03:25 PM
Yep...the upside objective for the DAX of 13,500, that was given 3 years ago, has now been met (this target was given in an "andr99" thread).
Here's the latest data through last Friday for further discussion.
Fib
does this mean you too think the dax has marked an LT TOP at 13600 and such level won' t be seen again for years ?
There isn't enough technical information to make that kind of call...only that the longer term upside target, given by the DAX breadth MCSUM, has now been met.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Posted 22 November 2017 - 04:24 PM
Big divergence with the A/D line. You don't see anything that severe in US markets except for the 2000 top.
Posted 22 November 2017 - 05:09 PM
ur all not listening......WATCH THE SKY!!!!!