Market breadth is breaking (28%).
Watch out below.

Market breadth is breaking (28%).
Watch out below.
#DAX Weekly: tricky PA continues but the downside magnet, around 24.5k is still looking good. Not sure there’s much more blah that I can add to this ☹ #SwingTrader #PriceAction
#DAX D1: DR 2-day combo from July WOWC gap and 62%ish / FE100 area – could still be a completed ABC, trying to TLB back up. I’m more inclined to stick with the MF and keep looking down, especially with the calamity in the Middle East right now. #SwingTrader #PriceAction
The #traderMedic proprietary breadth indicator is flash8ing red. You have been warned.
#DOW H4: and, just like DAX, we have range ping pong; a rather large range at that, So, like DAX H1, we trade the range until it breaks and with only minor scheduled news for today, we might just have to wait until tomorrow’s #PPI & Unemployment news. #SwingTrader