Daily analysis & day trading setups on DAX DE30EUR 20220824
Happy Midweek, Happy Wednesday,
DAX is at a precarious level. Bulls need to regain above 13275 & 13360. Bears are pushing to break 13050 & 12955.
Line in the sand today is 13175.
Macro EU DE 10y Bond Auction, US Durable Goods Order, Nondefense Capital Goods Orders, Pending Home Sales
Buy
Break: 13 160, 210, 265
Reversal: 13 085, 010, 12 985, 920, 870, 830
Sell
Break: 13 100, 015, 12 925, 875
Reversal: 13 165, 220, 275, 345, 365
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
DAX is at a precarious level. Bulls need to regain above 13275 & 13360. Bears are pushing to break 13050 & 12955.
Line in the sand today is 13175.
Macro EU DE 10y Bond Auction, US Durable Goods Order, Nondefense Capital Goods Orders, Pending Home Sales
Buy
Break: 13 160, 210, 265
Reversal: 13 085, 010, 12 985, 920, 870, 830
Sell
Break: 13 100, 015, 12 925, 875
Reversal: 13 165, 220, 275, 345, 365
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
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