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Trading chances via Dow Theory calendar week 23_2/2016


The German stock index is once more demonstrating the advantages of the Dow Theory. In the hourly chart, the DAX is picture perfect, running in a clean downtrend. The last correction went precisely to the last point in order to then turn around and merge into the next move. Now it is steadily moving closer to the last point two, where it may then continue the trend. In the small trend, the DAX is very far into the movement, such that a correction may soon start up.


Nasdaq 100

The weaker prices are not stopping in the presence of the Nasdaq either. By now we can see a downtrend that is far into the movement. The correction zone stretches between 4500 and 4518 points on the upper side. As soon as the price runs into this zone, the chance to speculate on a trend continuation will become available.



The rate-setting meeting this week did not contribute to the stabilization of this pair. The price slipped further down, running into a new movement of this stable downtrend as it did so. Here, too, there is a nice short chance with the next correction, if it runs into the red zone.



What an ascent this precious metal has behind it. The price increased by almost 80 dollars in the last 7 days, and from the point of view of the medium trend, it is very far into the movement. The green correction zone is relatively far away, meaning that a larger correction would not be at all surprising. This should, however, offer nice entry chances again soon.


I hope you will remain favorably disposed towards me and always remember: the journey is the reward!

All the best

Markus Gabel

Trader asset management


AgenaTrader Trading Software

IMPORTANT NOTE: Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer's investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk. Please refer to the current version of the Terms and Conditions.

Tuesday, 14 Jun, 2016 / 7:33

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