Dax Technical Analysis 31/01/2017

Dax Technical Analysis 31/01/2017

Good morning traders! January 2017 draws to a close and the headlines have been unfortunately dominated by the US President. But in summary, the Dax has had a pretty bullish month adding, at the time of writing, around 260 points since the beginning of the year (down...
Dax Technical Analysis 30/01/2017

Dax Technical Analysis 30/01/2017

Good morning traders! Find the dip! The Dax continues the retracement from the recent wave higher and is currently carving out a bull flag. At the time of writing we have just broken down to 11730, so the setup I posted last week still seems to be active, however, we...
Dax Technical Analysis 27/01/2017

Dax Technical Analysis 27/01/2017

Good morning traders! Check the economic calendar today, as there are plenty of high impact events on the agenda. Is the Dax starting a Bearish Evening Star? The Dax strengthens again, barely. But most interesting to me is the potential evening star candlestick...
Dax Technical Analysis 26/01/2017

Dax Technical Analysis 26/01/2017

Good morning traders! There goes 11680, I mentioned to look out for that in my article yesterday. Lots of bears are sat on the floor wondering wtf. Donald Trump continues to fuel investors’ buying ambitions. On Wall Street, the Dow Jones closed the 20,000-point...
Dax Technical Analysis 25/01/2017

Dax Technical Analysis 25/01/2017

Good morning traders! Bullish above 11385 on the longer time frames, but ranging between 11530-11630 on the shorter time frames. Bears have been alerted because we are at 11630 again! This has been a popular selling spot, so let’s just see today whether we have...