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Daily analysis & day trading setups DAX DAX40 DE30EUR 06 SEP 22

Happy Tuesday, Happy PMI Day,

Line in the sand for DAX is 12817 but it is dealing with all important levels of market structure between August low of 702 & close of 817. A decisive move breaking of one of the levels and then continuing will set the direction.

Levels to watch today are 442, 677, 940 & 991

Macro US S&P PMI, ISM Employment Index, New Orders Index, Services PMI, Services Prices Paid

Buy
Break: 12 750, 786, 848, 886, 924
Reversal: 12 709, 657, 630, 603, 565

Sell
Break: 12 709, 641, 603, 554
Reversal: 12 764, 848, 886, 924, 977, 13 004

I regularly publish my daily analysis & trading plan for day trading setups. The links are here:




Green Goblin levels are here >>>
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Fibonacci Confluence levels are here >>>
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Note
DAX gave some great trading opportunities on all three charts.

Zone chart>>>
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Green Goblin Chart >>>
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Fibonacci confluence chart >>>
snapshot

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