Please excuse the delay in getting back into the DAX technical analysis articles and webinars. I have been unwell (horrible mega man-eating cold) recently. But i’m back! 08-01-2020 DAX Analysis – 60 minute Compared to Monday yesterday was quite quiet,...
The German DAX today breaks below 13,200 on news that the US president Trump has been impeached in the House of Representatives. This impeachment was perhaps to be expected, however, it is highly unlikely that he will also be impeached in the Senate. So for me, the...
The DAX has been bullish since the 10th of December with a progressive series of higher highs and higher lows. The current trend defining level would be the low from Thursday. On Friday, we saw a strong impulse wave on open, which continued for the majority of the...
DAX Technical Analysis After a quiet session on the market yesterday, the DAX ended in the red. The market was trading in a 55 point range from most of the session until the mid-afternoon. I can see now that the price has managed to find its way down to the ignition...
The German DAX 30 index is struggling to break above 13,185 which is the previous high from Thursday. In order for the market to remain bullish, we need to see a break above that level very soon. If the market breaks this level, then the target will be in the region...
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