DAX long after rising gap

Index forecast / DAX / Our expectations Long-term upward trend, higher tops and higher bottoms. The price made short-term correction to levels of horizontal support, FiBo 38.2 and SMA 50. Price action signal: Pin bar at levels of horizontal support. Rising gap, afterwards the price did not pulled back to close the gap – positive […]

Ford Outsells Rival General Motors

Ford Motor Co. sold more light vehicles in the U.S. last month than crosstown rival General Motors Co. for the first time in more than a year. But it wasn’t because of roaring consumer demand — the rise comes as Ford sold 8.4 percent more autos to bulk buyers like rental-car companies. Delivering too many […]

Why the market might not like Trump’s immigration ban

President Donald Trump signed an executive order banning citizens from seven Muslim-majority countries from entering the U.S. It was a move widely criticized by business leaders and policymakers around the world. Financial market experts and investors had broadly embraced Trump and his promises to cut tax rates and roll back regulation. But some fear that […]

The markets in the US will open higher

The Futures of the US markets indicate for higher open. The European indices were higher as well. DJIA is at a horizontal resistance and we might see lower prices after the open. The Markets are expecting the decisions for the rates from Japan and the US on Wednesday. The chances that FED will increase rates […]

BMW-GR: signal from price action for short

BWM-GR: Daily schedule – long tearm short, medium chopi Price on 200MA Price action: Pin Bar 200MA – a negative signal indicators: MA 50/200 – 50 under 200 – the downward movement is more likely DeM – signal for short positions when passing under 0.3 CCI (50) – a negative signal when passing below 0 SL: 82.00 […]

S&P 500: Short from the top with a close stop

S & P500: 4 hour chart – chopi Price on levels historical resistance levels Price action: “Dodge on resistance indicators: 50/200 MA: not yet give a signal to change the direction of movement DeM – rotated from over-bought CCI – also rotates from over-bought SL: 2186.25 Sentiment – With good data on US NFP have […]

US markets show lower open

The futures for the US indices show lower open today. The ADP data came better than expected and this did not help the prices to go up. Investors expect “Super Thursday” and the statement of the BOE for the base rate in the UK and are cautions. The indices are at support and we may […]

Goldman: 10% drop in equities quite possible in coming months

Analysts from Goldman Sachs believe that a 10 percent drop in the asset class could happen in the coming months. Stocks are in a sort of wide but volatile trading range with relatively low returns. Goldman adds that stocks are at the high end of that trading range and moving towards the lower end is […]

Better data for Volkswagen’s shares

Volkwagen shares rise 4.5% after first-half earnings forecast Volkswagen sees adjusted first-half profit at €7.5 bln despite diesel issue The news is positive for Volkswagen and is likely to see continue of company’s shares riseing in the coming hours.

S&P: Short move likely to continue

S&P 500: Daily chart, Choppy market for the last 2 years, the price is at the upper part of the consolidation. Price is at a level of resistance 2112. Price action: formation “Evening star” – bearish reversal. Triple divergence: Higher highs of the prices but lower highs of the RSI indicator, CCI (50) moves below 100 […]