@Ultrahisham:Doji at trend line - up or down? The markets $DJIA(.DJI)$ , $NASDAQ(.IXIC)$ and $S&P 500(.SPX)$ were all undecided on Wednesday. The downtrend line beckons and facing such an important resistance, that is no surprise. The bulls and bears are now lined up and poised delicately. The bears hold the highground and the bulls need to step up to take the objective? Are they up for it? Taking the trend line is one thing. But holding it, staying above it and then gaining ground tobuild momentum is another thing. To have a good shot at a new bull and break the bear market, the latter is necessary. I believe the bulls have a decent chance.
@TradingLounge:European Stock Market:DAX Performance Index ^GDAXI INDEXDB: DAX 40 Chart and Forecasts. FTSE 100 Index, EURO STOXX 50, Forex EURUSD GBPUSD DXY Dollar Index Elliott Wave Technical Analysis European Stock Market Daily News Headlines: Inverted yield curves 30 Year / 10 year Market Indices Overview: While the USD moves lower into Wave (5) over the next three or four days, we are seeing Indices and Forex move higher Elliott Wave count:Wave (iii) of v) Elliott Wave Trading Strategy: Holding long in Indices and GBP / EUR Video Chapters 00:00 DAX 40 (GDAXI) / BUND 04:20 EURO STOXX 50 04:45 UKX / FTSE 100 / FTSE 250 08:02 Forex GBPUSD / EURUSD / DXY 18:12 Thanks for supporting tradinglounge! Analyst Peter Mathers TradingLoungeโข Australian Financial Services Licence - AFSL 317817 Source: tradi