DAX Futures December 2024

And I did also my week:
mon +55
tue +33,5
wed +15
thu +36,5
fri +154
TOTAL +294 pips FDXM

Luckily, another winning and decent week against sharks and lions that are only searching for our money...........


P.S.: next week US and Euro BigTechs will report their earnings, specially SAP (most weighted share at XETRA DAX) next monday.
This event will be absolutely crucial for the DAX, imho. Fasten seat belts.

Next chart update around 9:30CET

Good Morning, great to see you still banking plenty

Not much recently as been busy boating. Now time to look at my screens again

Post #395 this journal ISLANDER.

Ill reply to you when I back home tonight.
Good and happy to see you again here!

All the best for you ..............and for me

Next chart update at 17CET

Just back bome and closed a couple of FDXS shorts at 59..zone.
Ill post new chart at 18CET and a brief recap of my today's trade.

1. 1st trade of the day was taken from 10:01CET chart
Bought a couple FDXM 730 zone closed at 760 and at 720 when there was a clear double signal for intraday trend down below key level 730.
That static key level was always indicated on every today charts, together with 567 main support key level.
So +30 and -10 pips FDXM

2, Consequently then I started a couple FDXS shorts from 720 and 715 both closed at 590 zone when was posted 13:18 CET chart
So +130+130=+260 p FDXS=+52 pips FDXM

3. From 15:15CET chart I started a couple FDXS longs at 630 and 640, 1 closed at 670 (see 16CET chart) f and the second FDXS at 620 (see 17:01CET chart) when trend turned on downside. So +30 and -10=+20 p FDXS=+4 pips FDXM

4. Last trade was 2FDXS short from 620 zone taken from 17:01CET chart , both closed at 590 zone as indicated on previous post for +30+30=+60 p FDXS=+12 pips FDXM

Good to see you always sailing on the sea waves my friend.....and also on the financial markets waves too......
DAX & NASDAQ I suppose.

So I did my day:+30-10+52+4+12= TOTAL +88 pips FDXM

I prefer to remain flat ahead of tonight SAP earning report.
As I previously wrote SAP is the most weighted share at XETRA DAX, and tomorrow will probably move the main Index for hundreds and more points, same was for ASML last week that moved ESTOXX future for -3% in roughly only 24 hours.....
Many expect a disappointing report as SAP and DAX rose too much last weeks/months, so they remain vulnerable on downside.
But you never know here........
Here below daily SAP chart for last 3 months.