Good morning traders, I hope you all enjoyed your weekend and welcome to the 23-04-2018 German DAX30 Index Technical Analysis. We completed the Dax Morning Briefing today around 8 am and the video is at the bottom of the article today. 23-04-2018 German DAX30 Index...
Markets generally exhibit two kinds of movements; impulse legs and reaction legs. When a market is trending higher, the impulse leg is the swing higher. When a market is trending higher, then reaction leg is the retracement. We believe the DAX30 is currently forming a...
Good morning traders, welcome to the 19-04-2018 Dax Technical Analysis. The major trend at the moment is bullish (see image 2). We are making a series of higher highs and higher lows. At the moment we seem to have printed the next swing high and it has tagged our...
Good morning traders, thanks for reading the 18-04-2018 Dax Technical Analysis and news update. Having a look around some of the main news items from yesterday Germany April ZEW survey current situation 87.9 vs 88.0 expected ECB’s Hansson sees more confidence on...
Morning traders. Today, during the briefing, we discussed how to map the market using swings and balance points. The markets move in swings. Every market moves in swings, including the Dax. Swings are like waves, they follow particular behavioural patterns and these...
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