Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
100% mm, if bulls are able to touch the upper blue line, then this target is likely.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
By the way lots of talk about Draghi's comments in Jackson Hole in regard to QE in Europe. Apparently the boss of the German Fed said today that Draghi has been misunderstood, there will be no QE announcement next Thursday (September 4th). So I'll post this chart here, although Cobra doesn't like it presumably he's long DAX
(Note that this is Tuesday's chart, stockcharts updates Europan indices after the NYSE close - DAX closed Wednesday afternoon at 9569.70)
By the way lots of talk about Draghi's comments in Jackson Hole in regard to QE in Europe. Apparently the boss of the German Fed said today that Draghi has been misunderstood, there will be no QE announcement next Thursday (September 4th). So I'll post this chart here, although Cobra doesn't like it presumably he's long DAX
(Note that this is Tuesday's chart, stockcharts updates Europan indices after the NYSE close - DAX closed Wednesday afternoon at 9569.70)
DAX.png
Hey, I said the most you can get today is a narrow range bar, which indeed.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
updated 100% mm. I'm neutral. range day, nothing lasts.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.