DAX30 Remains Bullish Above 5th Jan Low

DAX30 Remains Bullish Above 5th Jan Low

Thursday Jan 14, 2021 The descending broadening wedge has broken to the upside and we have an upsloping supportive trendline visible on the lower timeframes. Overall, the market is in a short-term consolidation which is a negative for trend-following momentum-based...
Dax Makes 14k Providing Excellent Buying Opportunities

Dax Makes 14k Providing Excellent Buying Opportunities

Friday Jan 8, 2021 After a pretty consistent momentum-based rally this week, today was pretty poor the market is threatening a pullback after breaking out from the ascending regression channel. The overall trend is still clearly bullish above the trend-defining level...