once we start moving down it's going to be fast, market is currently in very tight trading range as there is lots of gamma hedging in low volumes.
Alexandre, the way I calculate ranges where divergence might be taking price to & if looking at the monthly slant divergence, which is not that reliable for calculating retracement zones, DAX index is to head towards 4000 area, is that nuts from a fundamental point to expect it to get there? Opinions
very interesting, and a definite possibility. I'm waiting for systematic traders to start shorting markets, i.e. their models to generate longer term signals in which case 4000 is definitely possible
Pivotal looks to be holding support + bounce formation on 1, stop remains just below entry for now <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1752043>