Dax Technical Analysis 28-02-2019

Dax Technical Analysis 28-02-2019

The DAX’s consecutive run of higher highs on the daily chart has now come to and end. Yesterday we failed to take out the latest high and considering it’s month end, we now wonder whether it’s time for the inevitable profit-taking. Today, I am...
27-02-2019 Dax Technical Analysis

27-02-2019 Dax Technical Analysis

Yesterday provided yet another higher high on the daily chart, which defied belief considering how the day started. Today we have a similar question to ask: how much longer can this rally continue? Today is telling a different story. The price action today is trading...
26-02-2019 Dax Technical Analysis

26-02-2019 Dax Technical Analysis

The run of consecutive higher highs on the daily chart seems to be coming to an end. This morning the gap lower, below to low from yesterday and has since struggled to break above that low. Yesterday, in the video, we looked at how often this run of consecutive high...
25-02-2019 Dax Technical Analysis

25-02-2019 Dax Technical Analysis

The DAX has printed ten consecutive higher highs on the daily chart and now, as we run into a significant high from December, is the rally running out of steam? If so, where can we reasonably expect for prices to pull back to? Let’s start by taking a look in the...
22-02-2019 Dax Technical Analysis

22-02-2019 Dax Technical Analysis

And still the rally continues after creating a new 2019 high albeit temporarily. The high came early in the sessions and eventually closed towards the low of the day creating an interesting candle on the daily chart. In the video I look at how we can measure the...