Market Profile (MP) levels/targets for DAX DOW NQ

DOW is heading down to the 24.200 (-0.25%) where the Y TPO pocket/Gap starts (down to 24.150/-0.50%)

FLAT +10p last one

DOW crossed the 200 amd filling up its TPO pocket
DOW Short @ 195
FLAT @ 155 bottom pocket. 1 lot only

DAX on the edge of its own TPO pocket starts @ 800 down to 750 zone
now -2.0%

If the DOW is crossing the -0.50%, next target down is the 24.080 zone/-0.75% and Yesterday IB

Just a remainder of the DAX CASH INDEX.

Daily chart (END of DAY chart, so no today action on it).



Remember that strong September - gap up, gap up, gap up... Well first gap is filled right now, and if you look at other charts above, there are not much support untill 12,675 or so. This 100 points between 12,800 and 12,700 - light trading, only ONE day. No levels there, so IF and only IF DAX stays UNDER 12,850 and confirm a range breakdown, I fully expect this 100 points to be just a fast slide. But failed breakdowns are a bull market special, so we will se. Interesting period is in front of us.
Breakdown will move price probably to 12,500 area, and failed breakdown is bussiness as ussual. They can also bring back price inside the range and fail there, all that scenarios are possible.

T1 +10p 1 lot
1 to go/SL BE
FLAT +17p last one

@ 25.150 is Y VWAP See it that holds

If that level doesn't hold and DOW goes deeper, DAX will follow to fill its own pocket lower down to 750

DAX Long @ 838
T1 +12p 1 to go.
Sl BE last one

Target 900/910

DOW went down to the bottom of its pocket and DAX was waiting for that.

Now DAX will probebly wait on the 850 zone and -1.5% for further US moves

FLAT +15p last one DAX

DOW will probebly zig zag for a while in the pocket zone 24.150<>200

If the DOW and SnP do not go deeper Today, DAX could recover a little

First traget up 12.910/920 and then maybe further up. Hard to say now. No predictions.

SnP went down to -0.50%. No correction. So far just a pull back.
Russel -0.75%
DOW -0.50%

SnP Long
T1 +1p 1 lot
1 to go SL -1p
SL BE now
FLAT +2p last one

Poss. target up to 2637
Little pocket filled up @ 2637 now

Back up to its Today dev POC
T1 +11p
1 to go/SL BE

DAX is gone wait now if US markets will get back to or above their Today POCs I think
Maybe a push up to dev VWAP @ 910 (yellow line)

Will the past repeat?

Don't think so.
Economies doing well. To deep and no real reason to go that deep

Think in %

Your down level is more then 20% down when I'm correct.
What needs to happen to bring the market down over 20% ???

Hey Dutch,

The idea I'm presenting is not one of reaching these levels rather the repeating of the pattern, down for over 200 pips on the first and second of December, then on the third day a rally!?

Lets see what happens...

Dane

DAX is ready to pop to the VWAP 900/910 it looks, but still waiting for US
My target in 905/910 zone

US markets are below Today POCs so on Daily base bearish
On longer TF charts still bullish

DAX is gone play now between its POC and VWAP of Today

US markets can't reach their Today POCs so far, so DAX pulls back again

+20p locked in last lot
Almost @ VWAP
+30p locked in
FLAT +35p on the VWAP

Maybe to -1.0% @ 925

SnP and DOW long

Still below Today POCs.
Can still drop again later

DOW T1 +11p
1 to go/SL BE
FLAT +20p last one/Stuck on its POC and VWAP

SnP T1 +1p
1 to go
FLAT +1.5p last one/Stuck on its POC

Long @ 912
T1 +15p @ -1.0%
1 to go
+15p locked in last one
+20p locked in
FLAT +29p last one

Maybe a push to the 950