Swing Trades DAX/DOW/NQ/GOLD

RUSSEL Long scalp closed +168p last 2 lot into RS zone

NQ long 15.793.5
Last lot for 820 target
Closed +15p last lot

FDXS Long 16.379
T1 +11p 5 lot
2 left SL BE
Target 400 zone

T2 +14/15p 1 lot
1 Left SL BE

FDXM 2 lot closed +12p

CNBC:
European markets lower as investors digest a slew of earnings; euro zone manufacturing slumps.

Better read it as: Big Boys took some chips from the table and banked them

MNQ Short 15.785

No real buyers in da house.

Targets 775>>750>>730

T1 +10/11p 7 lot
3 left. SL BE zone
2 closed BE
1 left
Closed -2/3p last lot

Waiting for Tech earnings this week

MNQ Short again
T1 +10/11p 4 lot
4 left
T2 +37p 2 lot
2 left
1 closed +35p 1 lot
1 left
Closed +24/25p last lot

NQ closed +26p 1 lot

16.000 is RS level
15.750 ia SP level

MNQ Swing long from 15.763
Last 2 lot of 6. SL BE

First target 16K (15.900is the first road block)

NQ in a wedge

Step back of 50% into last week Fridays full Power Bar. (ahead of Tech earnings)

Thats what most of the times happens ahead of Tech earnings.
Retailers step out their longs and big players buy these closed trades..

If the NQ can reach the 16K it could become a double top with mid July top.
If the earnings are good, the NQ could try to reach MR1 16.250

If the SnP can get above last Month high 4635 zone, it could steam up to 4700 MR1

If not the down target is 4550 zone MPP

CNBC:
S&P 500 falls to start August as the busiest week of the earnings season continues:
This week marks the busiest stretch of second-quarter earnings with more than 160 S&P 500 constituents slated to report results. More than half of the companies in the broad market index have already reported, with 82% topping earnings expectations, according to FactSet. This has fueled some hopes that the economy will be able to avoid a recession as inflation shows signs of cooling.
Despite the performance so far, analysts are bracing for a 7.1% earnings decline from a year ago, according to FactSet, and a third consecutive quarter of falling profits.

DOW needs a little push to get above last Month high to reach the 36.000.

If not a possible drop to 35.000 MPP/last Monthly VWAP close/GAP to fill.
Only once the price dropped below the 35.500 zone

FDXM short re entry last lot from 13.367
Closed +77p below the 16.300

Still 1 FDXS short running

16.250 is SP zone for now

16.250 is SP zone for now

Daily GAP up to 16.340 zone

NQ long 15.758 1 lot to 780
Closed +11p

DAX

Next South busstop 16.150 zone

North targets/busstops:
16.350 Yest. Daily GAP close
16.400 M VWAP zone
16.420<>16.500 TPO GAP to close

MNQ Short 15.729
T1 +15/17p 3 lot
T2 +35p 1 lot
1 left

Target 15.660/650 zone
Next 15.600

DAX 16.150 zone reached.
See if this zone holds and maybe rebounds.
If not........... down to test the 16.050/15.950 zone


16.150 didn't hold, so likely down close to 16K
At -1.5% now 16.100
16.025 -2.0%
15.950 -2.5% and WS2/DS3

DAX 16.025 zone reached.

MNQ closed +55p last lot

NQ closed +42p 1 lot only

FDXS Long 16.130 10 lot
T1 +30/31p 7 lot
3 left
Closed +10<>15p last 3 lot

FDXM Long 16.122
Closed +28p 2 lot

16.150/160 DS2 = RS zone

Above 16.150 targets : 16.250 zone and 16.340 GAP close (not likely Today)