ES DAX 23/10/14

Price retracing 60%+ of drop but dropped 10 into the close.

PMI data from Germany and Eurozone in the morning.

Reference points:
If lower than 1925 then expect 1915 (intraday poc on tuesday – small support)/1900 (monday closing gap better support).
If higher then 39/42 (todays reference) – 60/63 (fomc failure hvn)

es_composite_long_term_plain

DAX_longterm

Someone asked me on twitter what version of MD do I use – the answer is the latest one as it forces you to update. I have answered on twitter but you don’t follow me so you cannot see the answer! I don’t know which features you are talking about. You should search charthub for more charts, especially FT71’s charts.

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