NIKKEI
Monthly chart: a massive ascending swing is close to the end. It is likely that we will face 2 months' downward correction.
Weekly chart: possible trade to fit this correction - a probable bearish Over&Under from 20656. To form, support 19867 is required to put into the monthly scenario.
Day chart: an absolutely similar picture. We are waiting for a breakthrough of 19867 to put Sell Limit orders from 20656.
Scenario: we expect a middle-term decline under 19867, then return to 20656 and start 2 months' drop that enables sales.
Trading decisions:
1) Waiting a breakthrough of 19867, whereupon we shall put Sell Limit orders from 20656.
DAX30
Monthly chart: a descending swing has been over and bulls can start to take actions.
Weekly chart: the first crossing down has been made. Bulls need a respond in the form of a breakthrough of the last Top (11931.8). Otherwise, bears can aggravate.
Day chart: a perfect O&U described by us the last week and an ideal work on made regarding entrance. So, we are waiting for a direct growth of the index in the direction of 11931.8 and 12422.9
Scenario: direct growth of the index in the direction of 11931.8 and 12422.9
Trading decisions: purchases to 11931.8 and 12422.9
Silver
Monthly chart: a completely descending structure emerging in the downward swing. Upon that, it looks like consolidation whereas price at silver are very low. So, we cannot exclude breakthrough of this direction upwards. The upper border is 18.23.
Weekly chart: structure without direction with consecutive crossings first in the upward and then in the downward directions. Now we will either have a flat or receive crossings in one of directions again. So, impulse can be received if the price moves under support 15.27, either it breaks resistance 17.77. Flat is based between these two levels.
Day chart: descending structure, but Close of the past week is very suspicious and could be a false breakthrough downwards. Anyway, growth can only be enabled by movement above 16.45. Meanwhile, the target is a decline under 15.53.
Scenario: 1) decline under 15.53. 2) Growth above 16.45 will form O&U, that can be traded the next week.
Trading decisions:
1) Sell under15.53.
2) Purchases are also possible in the area 15.60 (due to a short Stop under 15.53) with the target above 16.45.