2022/12/20 (130) Technical Analysis – XETR-IFX & CBOT

Our Old Long CBOT_MINI-YM1! Closed On Monday
– A New Long CBOT_MINI-YM1! 4XSetUp Opend On Tuesday

Why I Reluctantly Prefer A Long/Short 4X SetUp Trading Capability Again In The Dow Future – Even CBOT_MINI-YM1!
I have read the criticisms many of my readers have emailed to me (Devise2Day@fmail.com). Even if I didn’t answer all of them. But I read all, at least.
That`s why let me write again, sime basoc thoughts, from my side! Of course, I am also interested in you, yes you, my faithful reader, closing your current trading account and opening a new one with one of my nine affiliate online brokers! But that’s not the main goal of my DEVISE 2 DAY Affiliate Financial Market Online Newspaper. And I wouldn’t offer any DEVISE 2 DAY Affiliate Financial Market Online Newspaper Edition available to you free of charge. Because in addition to the always existing possibility of an upcoming profit on the financial market, the focus is rather on competent information from us, to you. Because I not only want to inform you to the best of my knowledge and belief, but also that you, after reading each DEVISE 2 DAY Affiliate Financial Market Online Newspaper Edition, can also say to yourself: “I learned something again today!” So that you will also remember me fondly as your educator, as your head coach when it comes to price actions about the financial markets! And that regardless of the result (profit and/or loss)! So that you can be sure to read, analyze, evaluate and get impeccable competent information from me, as well as from all my nine affiliate online brokers. Without getting the slightest fear that this is a deliberate deception on our part. I believe in what I am writing to you – regardless of the personal opinion of all employees of my nine affiliate online brokers. Nobody has ever forbidden me to formulate something, let alone put it in my mouth to write something specific. So you can continue to expect to be better informed after each DEVISE 2 DAY Affiliate Financial Market Online Newspaper than before – better than anyone who hasn’t read the current DEVISE 2 DAY Affiliate Financial Market Online Newspaper Edition! But of course I don’t want to and can’t promise you a guaranteed profits also…
Our New Old Short-Term 4XSetUp, Around Christmas Season 2022 And/Or The New Year 2023
Our entry price was and is the close of Tuesday trading, 2022/12/20 at 33053 points on the Dow Future – even CBOT_MINI-YM1!. I got cold feet because, on the one hand, our previous long 4Xsetup performed faster and better than expected. And on the other hand, the reaction of the market price action, even of the other financial market participants, in the last few days, I had wrongly expected. The sell-off on WallStreet after excepted FED, ECB and/or BOE monetary policies.That’s why our new old long entry, from Tuesday, 2022/12/20, at 33053 points. With a tight stop price at 32686 points. And our old target price at 35413 points – until the end of March 2023 (just the end of the 1st quarter of 2023). So, of the Dow Future should fall below 32686 points during the Christmas season 2022 and/or the beginning of the New Year 2023 – so that we then can realize our losses at the latest! In order to climb back over 33000 points later? I will formulate a new old long 4XSetUp! This is my basic short-term expectation regarding about the Dow Jones Future – eveb CNOT_MINI-YM1!. Of course, I don’t want to and/or can rule out the possibility that we will trade new old lows in the Dow Jones Future, below 29,000 points, possibly also in the 1st quarter of 2023. That’s why the relatively short stop price to limit our losses in advance. Even if many of my readers have criticized me for this long/short 4XSetUp trading capability. But still admitted to wanting to continue reading every further DEVISE 2 DAY Affiliate Financial Market Online Newspaper Editions. However, I somply dont except that the bears should take over the preice action in the Dow Jones Future, even CBOT_MINI-YM1!, again. And admittedly, I Dont have the courage either to formulate a short 4XSetUp trading capability, about the Dow Jones Future, like at the beginning of 2022, in the Nasdaq! To continue to be honest…
US Housing Starts Fall For 3rd Month And Drives The WallStreet Price Action Today More And/Or Less
Housing starts in the US edged 0.5% lower to a seasonally adjusted annualized rate of 1.427 million in November of 2022, after falling by a downwardly revised 2.1% in October, and compared to market forecasts of 1.4 million. Single-family housing starts dropped 4.1% to a rate of 828 thousand while the rate for units in buildings with five units or more jumped 4.8% to 584 thousand, the highest since April. Starts were down in the Northeast (-18.6% to 83 thousand) and the Midwest (-6.5% to 215 thousand); but were little changed in the South (+0.1% to 788 thousand) and increased in the West (8.3% to 341 thousand). The US housing market has been hit by soaring prices of materials and rising mortgage rates, while home prices remain stubbornly high for first-time buyers.
DXY Weakens Below 104, While Wall Street Pares Gains To Close Mixed On Tuesday
The dollar index moved below the 104 mark, closing in on its lowest level since June, as uncertainty about the path for interest rates and mounting fears about a recession continued to spook investors away from the greenback. Despite the Federal Reserve’s recent pledge to keep its aggressive stance against inflation,markets are buying only part of the narrative, pricing in that the world’s most influential bank will end cutting rates in 2023 amid a sharp economic downturn. Sectors most sensitive to fluctuations in interest rates, like real estate and consumer discretionary, have been flashing recessionary signs amid tighter financial conditions. Aside from the above and also a key catalyst for the downside move seen in the DXY, the Japanese yen appreciated more than 3% against the dollar after the Bank of Japan unexpectedly increased the upper limit of its tolerance band on 10-year government bonds.
US stocks pared sharp advances from the early afternoon to close near the flatline on Tuesday, failing to significantly rebound from four consecutive sessions in the red as losses for tech and high-growth stocks weighed. The Nasdaq 100 underperformed other benchmarks and booked slight losses. On the other hand, DJI added 90 points and the S&P closed marginally above the flatline, as the drop in the DXY benefited the export outlook for energy producers and bullion miners.
Use The 50SMA, The 100SMA And/Or The 200SMA In The Dow Jones Industrial Average, Also Today Once Again
To Det Daily Technical Analysis Confirmation As To Whether Our Short-Term Bullish Expectations Are Also Confirmed In The Medium Term
Closing price from today’s Thursday are 32849.75 points. The 50SMA is currently trading at 32708.55 points. The 200 SMA is currently at 32447.29 points. And/Or the 100SMA at the same time at 32181.55 points. As long as the DJI (Dow Jones Industrial Average Index) is trading above all 3 SMAs in a full candlestick on each trading day closed data, I would still like to technically argue with a short-term technical recovery, which will hopefully turn into a confirmed medium-term technical recovery. And then just as long as the DJI is only traded above all 3 SMA`s (Simple Moving Averages)! Because that’s what our new old long 4XSetUp in the corresponding Dow Future is aiming for, just CBOT_MINI-YM1! And that regardless of the current monetary policy and/or economic data, which I, as usual, in the Central bank 4XSetUps, and/or also Economics 4XSetUps, will also continue to address and/or comment also in the future, in every D2D Edition – like today…