Indice
MINI DOLAR , E DOLAR FULL BRAsil > -com a forte queda do dolar , no dia de hoje ele andou dentro de um tunel , amanha certamente ele entrara em uma forte queda . o REAL esta muito valorizado sobre o dolar . esperamos que o indice suba pelo menos 300 PONTOS
USA > -with the sharp decline of the dollar, the day he walked inside a tunnel, tomorrow he certainly entered into a sharp decline. REAL this highly valued on the dollar. we expect the index to rise at least 300 POINTS
DAX 30: Open long positions for tradingVery interesting movement of European indices, where everyone made it out of the minimum of the day, closing positive after the support base (by definition support) of the descending channel that have been negotiating since early April . Thus, we believe that it is time to open long positions in all the European indices and in the case of the German Dax 30, with a stop loss (closing in values) below the minimum Tuesday. That is, in the case of Dax 30, the strategy is to open bullish positions at current levels, placing a stop loss below 10.797 points (corresponding to 10 798 points of index futures). Aim to rise in the coming sessions / weeks, we have the maximum of last week (11,452 points) and above the high end of the channel in 11,660 points. CHART HAS A MISTAKE: STOP LOSS 10.797
DAX Bullish biasWe are starting to see Dax slowly recover from its selloff from 12.4k. Target 1 which I posted on a previous chart was hit to the T. Currently price is consolidating within the box range, Target 2 still valid only if Inner TL holds. Expecting it will.
The primary TL is drawn from the previous years October selloff and represents strong support, if it holds I'm aiming for 13200, if it breaks expect a big sell off with first target at 11200 followed by a correction to 10000.
If you haven't noticed Dax is correlating strongly with EU at the moment, and whether or not the Primary TL holds or breaks could well be determined by the direction of the Euro and the US Dollar. Weak Euro; Dax bounces off of TL and moves to higher highs, strong Euro The TL breaks and Dax has a further correction.
The key area for me is obviously the Primary TL, I will be using EU analysis as an added confluence if and when price arrives near the TL, to help decide on a position.
GER30 at resistance zone (long-term)Hi Traders,
I just closed all my long term longs on $GER30 as I think we are in a great place to reverse or correct for a long time. As we can see on the graphs, waves with equal legs and we just completed 5 waves up. Also, RSI at trend line resistance. If I see anything bearish on 4hr, I might try to short in few days.
Thanks!
Thiago Duarte
thiago@duarteinvestmentgroup.com
@thiagotrader
BVSP all the way downTogether with my last chart about the BVSP, this is more of a Swing-Trade leveraged position against this active (BOV11 in IBovespa and BVSP in NYSE), considering the following fundamental key points:
* The main stocks are being hammered, some of them: Petrobras, Vale, Sabesp.
* Brasil fiscal efforts to keep a good spending balance showed some ugly side effects on the economy.
* The Brasil's economy plans to grow by 0.3% this year, which basically means a recession.
Basically, in the near term there's no way you can be bullish in this scenario until all the changes on the fiscal politics stabilize the economy and produce long-term growth. It may not even begin this year.
1008-1012 to watch on GER30/DAX30Hi Traders,
As I posted just few minutes ago, I expect and hope to see one more high coming into play before we see him going lower. Looking this daily chart, we can see that we are in a very strong resistance zone, BUT I think that we can make a new high, scare a lot of traders and then reverse lower. This is what I expect and I will trade this (if he makes new high) with a very small risk.
So keep watching: 1008 to 1012.
Good luck!
Thiago Duarte
thiago@duarteinvestmentgroup.com
@thiagotrader