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DAX started with a gap down pre cash @ ~11620.
The 12k line is no longer the battle field.
Some window dressing - if possible - of large companies will take place in the last 2 weeks before first semester 2020 ends. This can be done with buy back own stocks, hold or sell such. To bring the pricing of the stock to the goal price.
The DAX went up yesterday, after cash hours more and started this morning with a large up gap. The starting price 9:00 was 258 points above the high of yesterday (cash). Amazing...
DAX long 9:30 to 17:00
entry @ 12235
exit @ 12350
result + 115 points
GFIs1
edit 10:50 - entry 9:30 was too sporty - 10:00 much better (note to self)
not to forget that a 100 points range in 30m are often to see recently
edit 16:37 - intending to catch 12460 (the goal) or quit as previewed 17:00
edit 16:44 - finally closed @ 12350 - the Powell hearing makes just troubles!
No problem with down again - tomorrow is Wednesday the "shorting" day
DAX short 10:30 to 14:30
entry @ 12413
exit @ 12413 (stopped manually on entry price 14:15)
result 0 points
GFIs1
just sideways with erratic moves is the preview on upcoming 3 summer months -
annotation: last Wednesday (trade with 95 points) the same level of 12409 (like today) was my take profit line - coming from higher - and was not reached then. Today we are on the same level but trade not finished.
As we can see still sideways. Again.
The reason seems that 12400 is the pivot price because tomorrow Friday:
is TRIPLE witch day - the one in June very important - half year results of the companies.
Today no trade.
Tomorrow Friday triple witch 13:00 CET!
Means for the futures changing to September contract.
