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DAX Threatens To Break Range Support To The Downside

DAX Threatens To Break Range Support To The Downside

The German DAX Threatens To Break Range Support To The Downside as the stock market currently stand still. The Dax has been hovering around the 13,300 point mark for around four weeks, even if it had risen to 13,445 points in the meantime. On the one hand, the strong...
Modified Schiff continues to hold DAX price action

Modified Schiff continues to hold DAX price action

The modified Schiff Pitchfork in this example on the DAX starts from the 10th November. The ‘c’ point is on the 12th November and the resulting fork has contained price action ever since. The fork is upsloping so we still have a very moderate bullish...

DAX Finishes up 0.64% | DTI Trading Strategy Review

DAX 30 Trading Strategy 24/10/2020 Review Bullish session with the majority of the trade taking place above vwap. The initiative move happened before my trading session started and we see yellow deviation warning candles. So i’ll avoid trading any signals to the...
13,000 is a Key Target This Week

13,000 is a Key Target This Week

On the German DAX, 13,000 is a key target this week. At the Eurex open we saw an immediate rally followed by rejection and it’s likely that this level will be tested again this week. DAX Analysis – Daily Chart The DAX is bullish and the trend-defining...
Key DAX Levels for 16-09-2020

Key DAX Levels for 16-09-2020

Let’s just jump to the Key DAX Levels for 16-09-2020 in a moment. There was a cautiously optimistic mood on the DAX yesterday after good economic data. The economic expectations of German financial experts have surprisingly brightened. According to the Mannheim...
Perhaps 13,300 is too ambitious for the DAX

Perhaps 13,300 is too ambitious for the DAX

Perhaps 13,300 is too ambitious for the DAX? We’ve made a number of attempts at breaking higher, some attempts actually pierced the level; but resistance is a zone and not a specific price point. We can clearly see some resistance here. So far, the German...