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I saw a GAP around 9965, wents short again 9968 with small stop at 9978. unfortunately, the bastard just ticked a little bit over and stopped me out ....
Ifo numbers showed a confident loss - one more - right now.
This could indicate that the investors in german companies could get
some cold feet. Especially over the summer.
One result could be that 10000 in the Dax is quite a number and the price
might dimple there longer than wanted or expected.
Looking at tomorrow:
A down slip is pretty probable.. could hit 200 points.
End of month means end of half year numbers - so be prepared for
some coaster roller.
The last week before half year results we see some "big" players shaking the markets (read above posts).
Rules may not give desire result under these circumstances. My bigger view for today was a drop -
which was announced with a gap to yesterday.
This scenario did not happen on time previewed. For these cases my stops are tight.
The weeks with triple witch as well as the last weeks of the quarter normally show more volatility.
Be cautious on these days and eventually stay at the sidelines.
no comment on today's move!
of course, stopped out with 6 points after 10:30 entry! was about 5min too early with 10 pts SL. and now this ugly downmove... looking for other chances.