{"id":1618,"date":"2020-02-26T23:05:29","date_gmt":"2020-02-26T23:05:29","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1618"},"modified":"2020-02-27T09:43:19","modified_gmt":"2020-02-27T09:43:19","slug":"germany-the-dax-27-02-2020","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2020\/02\/26\/germany-the-dax-27-02-2020\/","title":{"rendered":"Germany, The Dax 27\/02\/2020"},"content":{"rendered":"\n

#Brent #US500 <\/strong> Life’s a funny old thing. When we last reviewed Germany back in October (link) we gave criteria defining 13,650 as a major point of interest for the index, something the market achieved and bettered during February. The odd thing, when we give these secondary targets, we tend anticipate a bit of hesitation at the price level, generally some volatility or stutters.<\/p>\n\n\n\n

The DAX, of course, paid lip service \nto the concept of hesitation, choosing instead to fall by 1,200 points over \nthree sessions. Some say it was something to do with pandemic fears and nothing \nat all to do with our 13,650 level… <\/p>\n\n\n\n

In reality, our price levels \ngenerally justify a little volatility and (unless some positive or negative news \nmakes itself known) the volatility will be fairly minor. We saw this today with \nthe FTSE as our initial target level was 6999 points. As the chart below \nhighlights, the index hit our initial target, bounced around above and below for \na while, then on the 3rd break upward, continued to our secondary target. This \ntends be the important thing with price levels. Mostly they pass virtually \nun-noticed unless someone throws a cat among the pigeons. <\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n

Unfortunately, the DAX found itself \nprimed for a ruddy great cat incident!<\/p>\n\n\n\n

The situation with Germany is now a \nlittle strange. If we concentrate on reversal potentials, it appears weakness \nnext below 12,368 should attack a bottom of 12,152 and hopefully generate a \nbounce. We actually have some doubts, thanks to the effort employed on Wednesday \nto force a bounce. It almost felt like “they” didn’t want the market to fall \nfurther.<\/p>\n\n\n\n

Instead, the immediate situation \nsuggests recovery above 12,850 should bring a visit to 13,034 next. If bettered, \nwe’d regard it entering a cycle back up to 13,650 as secondary again, utterly \nconfusing us, why is this level so important?<\/p>\n\n\n\n

\"Hey,<\/figure>\n\n\n\n<\/p>\n\n\n
\n\t

Time Issued<\/font><\/td>

\n\t

Market<\/font><\/td>

\n\t

Price At Issue<\/font><\/td>

\n\t

Short Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Long Entry<\/font><\/td>

\n\t

Fast Exit<\/font><\/td>

\n\t

Slow Exit<\/font><\/td>

\n\t

Stop<\/font><\/td>

\n\t

Prior<\/font><\/td> <\/TR>\nFUTURES<\/font><\/a>

\n\t

10:27:45PM<\/font><\/td>

\n\t

BRENT<\/font><\/td>

\n\t

52.85<\/font><\/td>

\n\t

52.38<\/font><\/td>

\n\t

52.135<\/font><\/td>

\n\t

49.63<\/font><\/td>

\n\t

54.7<\/font><\/td>

\n\t

54.82<\/font><\/td>

\n\t

55.86<\/font><\/td>

\n\t

57.02<\/font><\/td>

\n\t

53.94<\/font><\/td>

\n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:29:38PM<\/font><\/td>

\n\t

GOLD<\/font><\/td>

\n\t

1641.62<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

<\/td> <\/TR>\n

\n\t

10:34:29PM<\/font><\/td>

\n\t

FTSE<\/font><\/td>

\n\t

6907.24<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Shambles<\/font><\/td> <\/TR>\n

\n\t

10:40:31PM<\/font><\/td>

\n\t

FRANCE<\/font><\/td>

\n\t

5600.2<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Shambles<\/font><\/td> <\/TR>\n

\n\t

10:43:52PM<\/font><\/td>

\n\t

GERMANY<\/font><\/td>

\n\t

12542<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:45:45PM<\/font><\/td>

\n\t

US500<\/font><\/td>

\n\t

3102.07<\/font><\/td>

\n\t

3090<\/font><\/td>

\n\t

3071<\/font><\/td>

\n\t

3034<\/font><\/td>

\n\t

3135<\/font><\/td>

\n\t

3154<\/font><\/td>

\n\t

3169<\/font><\/td>

\n\t

3193<\/font><\/td>

\n\t

3121<\/font><\/td>

\n\t

Shambles<\/font><\/td> <\/TR>\n

\n\t

10:48:59PM<\/font><\/td>

\n\t

DOW<\/font><\/td>

\n\t

26872.7<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

Success<\/font><\/td> <\/TR>\n

\n\t

10:51:25PM<\/font><\/td>

\n\t

NASDAQ<\/font><\/td>

\n\t

8826.79<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n

\n\t

10:53:43PM<\/font><\/td>

\n\t

JAPAN<\/font><\/td>

\n\t

22191<\/font><\/td>

 <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td>  <\/td> \n\t

‘cess<\/font><\/td> <\/TR>\n\n<\/TABLE>\n\n

 <\/p>\n

 <\/p>\n

26\/02\/2020 FTSE Closed at 7042 points. Change of 0.36%. Total value traded through LSE was: \u00a3 6,595,554,712 a change of -16.85%<\/h><\/p>\n
25\/02\/2020 FTSE Closed at 7017 points. Change of -1.94%. Total value traded through LSE was: \u00a3 7,932,387,742 a change of 6.36%<\/h><\/p>\n
24\/02\/2020 FTSE Closed at 7156 points. Change of -3.34%. Total value traded through LSE was: \u00a3 7,457,826,437 a change of 17.05%<\/h><\/p>\n
21\/02\/2020 FTSE Closed at 7403 points. Change of -0.44%. Total value traded through LSE was: \u00a3 6,371,450,688 a change of 1.87%<\/h><\/p>\n
20\/02\/2020 FTSE Closed at 7436 points. Change of -0.28%. Total value traded through LSE was: \u00a3 6,254,655,479 a change of 11.64%<\/h><\/p>\n
19\/02\/2020 FTSE Closed at 7457 points. Change of 1.29%. Total value traded through LSE was: \u00a3 5,602,530,865 a change of -6.87%<\/h><\/p>\n
18\/02\/2020 FTSE Closed at 7362 points. Change of -0.96%. Total value traded through LSE was: \u00a3 6,015,855,072 a change of 44.99%<\/h><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"

#Brent #US500 Life’s a funny old thing. When we last reviewed Germany back in October (link) we gave criteria defining 13,650 as a major point of interest for the index, something the market achieved and bettered during February. The odd thing, when we give these secondary targets, we tend anticipate a bit of hesitation at … <\/p>\n

Continue reading “Germany, The Dax 27\/02\/2020”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1618","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1618"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1618\/revisions"}],"predecessor-version":[{"id":1619,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1618\/revisions\/1619"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1618"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}