dax

The DAX, as it's most commonly known, is the largest of the indices on the European mainland, generally seen as the benchmark for core economic performance. The name is an abbreviation of Deutscher Akienindex (German stock index) and is run by Xetra - itself a subsidiary of Deutsche Boerse. The 30 part indicates that it has that number of compon...

2018-09-18 Daniel John Grady Read more

Technical Monthly: Broken out of the channel formation to the downside. This is negative for sentiment and the downtrend has potential to return. A lower correction is expected. We have a 50% Fibonacci pullback level of 11148 from 8695 to 13601. Weekly: The bearish engulfing candle on the weekly chart is negative for sentiment. A beari...

2018-09-13 Joe Neighbour Read more
Reversals vs Volatility

In this episode, Richard is following up on his previously posted “Trends And Reversals – Patterns And Correlations” article, in which a spike in volatility was underlined, as a possibility, along with a chance for the Market to commence a reversal sequence. The dollar bulls are showing signs of potential exhaustion, while metals and the EUR ...

2018-08-20 Richard Tataru Read more

Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12145 and the measured move target is 8695. Rallies have stalled and found sellers near 13200. Weekly:  Forming a bearish Head and Shoulders pattern. A break of 11593 (neckline) is needed to confirm the pattern. The measured move wou...

2018-07-20 Steve O'Hare Read more
markets vulnerable

In this episode, Richard is following up on the previously posted “Bullish Patterns on Gold – EUR Stronger – Investors looking at YEN” article, and continuing the views he share during the “The World Cup NFP! – LIVE” webinar. Richard is also backing his volatility spike theory, previously posted with the “Trade War Sentiment – Volatility Spik...

2018-07-17 Richard Tataru Read more
indices forex

Many wild swings occurred during the month of June 2018. On the fundamental side, tariff plans and trade war talks have caused some serious volatility, with the VIX presenting a spike in early June. This spike was mentioned as a possibility in the “Orbex Q3 – Market Outlook Report 2018”  report previously released, but also explained during t...

2018-07-13 Richard Tataru Read more

Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12145 and the measured move target is 8695. Rallies have stalled and found sellers close to 13200. Weekly:  Looks to be forming a bearish Head and Shoulders pattern. A break of 11621 (neckline) is needed to confirm the pattern. The measured move ...

2018-07-10 Ian Coleman Read more

Technical Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies have stalled and found sellers near 13200, resulting in a new trend line resistance. Shooting star candles highlight rejections of attempted rallies. Weekly:  Looks to be forming a ...

2018-07-04 Steve O'Hare Read more
elliot waves

In this video, besides the wave counts updates and articles follow-up, Richard is also stepping outside his comfort zone and giving a real-time example on how fundamental events affect the market and how structures become more and more complex over time. [shortcode-variables slug="applyrichardsta"]

2018-06-16 Richard Tataru Read more

Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies above 12800 have found sellers in May and June 2017 and May of 2018. Weekly:  We looking to be forming a bearish Head and Shoulders pattern. A break of 11633 (neckline) is needed to confirm the ...

2018-06-14 Ian Coleman Read more