Review The Volatility Index on the S&P 500 has seen a decline of about 8 points since June 16, from 34.90 to 26.70. The reason for this was the recovery of the largest American index in the course of last week, especially last Thursday and Friday. One of the reasons for this was that unemployment…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Rico…
By: Henry Philippson Review: The conclusion of the latest review (“DAX commentary: Poor sentiment as a buying opportunity?”) from last Friday was as follows: “The relative weakness of the German benchmark index in recent trading days is almost eerie. Either a major quick crash or a recovery move of several hundred points is in the…
Review: The index took advantage of the holiday-related absence of American market participants for a rise above the resistance area 13,200 to 13,250 points mentioned yesterday. Today, the index then starts trading with an upward price gap and recaptures the 13,400 mark. Outlook: American market participants will not start the new trading week until this…
Review: The small wave of euphoria in the morning with prices above 13,400 points gave way to initial profit-taking in the afternoon, despite a very robust Wall Street performance after the long weekend in the USA. This should turn out to be the first warning signal for the buy side this morning: The index starts…
Review: After a lethargic trading session, the bulls took command yesterday and temporarily lifted the index back into the 13,200-point range. However, after weaker purchasing managers’ indices from France, Germany and the euro zone, it already went back below the 13,000 mark this morning. Outlook: After the new movement lows this morning and the subsequent…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Henry…
Review: The index has been performing significantly weaker than its overseas counterparts for several days. While the S&P500 and the Dow Jones Industrial Average were able to recover significantly, the German benchmark index shimmied from one low to the next. Yesterday, the index fell back to the lower 12,800 area in after-hours trading, but recovered…
Review: The index was able to recover from the previous day’s losses yesterday in the run-up to the interest rate decision of the U.S. Federal Reserve. In after-hours trading, the index even rose above the 13,600-point mark at times. This morning then follows the reality check: The index again comes under significant selling pressure: Outlook:…
Review: The index came after the previous day’s heavy losses also on yesterday’s Tuesday under selling pressure and slipped to 13,300 points. In after-hours trading, it even went as low as 13,220 points, a good 1,500 points (!) below the previous week’s high. The market now expects the U.S. Federal Reserve to raise interest rates…
