The DAX targets 13421 POC (point of control) as it builds on last week’s bullish momentum. The global economy is rebounding quite strongly from the worrying recession in the second quarter, thanks to the reopening of economies and also the second virus waves not...
The German DAX to reach pre corona levels? It seems that way! That’s the most likely outcome of the recent rally in my opinion. Good morning traders, it’s Thursday the 10th of September and time for today’s German DAX 30 analysis. DAX 30 Review From...
DAX Climbs But Remains Cautious. Despite the seasonal expectations for the market to break lower, the DAX found bullish momentum yesterday; comfortably taking out the 13,000 level; testing Friday’s high and we see the price action continuing to find higher...
The DAX prepares for consolidation phase and traders should probably keep an eye on the US markets as well. This is seasonally a bearish period for the DAX and as the technology sector in the US continually takes a hit, perhaps it won’t be too long before the...
Yesterday’s session started off with three losing trades for me (-1% for each trade), split over the DAX and FTSE. These trades were longs and did not work. However, when I started to trade the other side, then we see three signals from yesterday earn +10% to...
Is the DAX heading for all time high? As the Dax jumps to its highest level since the beginning of the Corona crisis, we have to ask ourselves whether the DAX is heading for its all time high. Consistent gains have helped the Dax rise to a new high this morning...
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