@marketchartpattern
      
      
            YouTube
      
    Avg. Quality
78
      Success Rate
39.39
      Analysis
99
      Correct
              39
          Fail
              38
          Pending
              22
          Ineffective
              0
          Total Quality
        Score
        If You Had Traded on This Analysis…
                Fail
            
DAX
                
                    Long Entry
                    42.5200
                    2025-05-08
                    21:41 UTC
                
                
                    Target
                    22,427.3000
                                        Fail
                    23,388.0000
                                            In 16 Hours
                                    
                
                    Risk/Reward
                    1 : 1
                
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                Final PnL
                    
                        54,904.70%
                    
                
                
                
                P/L: —
            
        
            
        
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The analysis begins with the Dow Jones Industrial Cash Index, suggesting a key timing around May 8th, with price action being closely watched. Transitioning to global markets, the analyst notes geopolitical tensions possibly affecting the Indian market, pinpointing the BSE Sensex at a critical 61.8% retracement level. Resistance is expected unless prices convincingly surpass this level. A similar pattern is highlighted for the Hong Kong Hang Seng Index, hovering around its 61.8% retracement. A potential resistance near old highs is observed. A similar pattern is highlighted for the Hong Kong Hang Seng Index, hovering around its 61.8% retracement. A potential resistance near old highs is observed at the German DAX. Moving to US indices, including the NYSE Composite, points to key resistance at the 78.6% retracement. In the bond market, the analyst reports strength in the US dollar and rising yields, noting range-bound conditions.