Short DAX at 7740

Discussion in 'Index Futures' started by ASusilovic, May 23, 2007.

  1. There will not be a rate cut.
     
    #2881     Feb 5, 2009
  2. there are so many divergences right now and relative outperformance of Dax and NQ is only one of them so the chances are high ES will break out to upside of triangle.
    So I still expect a major (15%) rally in ES, Dax.
     
    #2882     Feb 5, 2009
  3. Germany factory orders down 25.1% YOY

    down 6.9% in December.

    The Dax barely moves, very low volumes.

    Where is everyone?
     
    #2883     Feb 5, 2009
  4. yes, true.
    EZB is lead by old man who understand nothing about economy. The proof was the last rate hike where even a blind with sunglasses could see that economy is already in a down turn.
    They are ALWAYS behind.
     
    #2884     Feb 5, 2009
  5. congrats, any view? heading lower?
     
    #2885     Feb 5, 2009
  6. 822.25 small support in ES. Always a good idea to take some positions off the table before ECB.
     
    #2886     Feb 5, 2009
  7. And never forget : trailing stops are a traders second best friend....:)
     
    #2887     Feb 5, 2009
  8. 4379.00 maybe first target....
     
    #2888     Feb 5, 2009
  9. I like that:)
     
    #2889     Feb 5, 2009
  10. Take care, we need to take out 820.00 ES...
     
    #2890     Feb 5, 2009