DAX Technical Analysis Articles

Find the most recent DAX analysis articles below, or you can jump to a year of your choice by selecting one of the options from the menu below:

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 strategies.

Another difficult day in terms of trading conditions, but I managed to claw back some of the earlier losses with the final trade of the day, so it wasn’t completely terrible. The DAX daily signals gave two stop losses and the FTSE daily signal was closed at breakeven. And on DTI I had two DAX stop losses (both longs) and FTSE gave me two longs of which one was closed at breakeven and the other ran all the way to 8pm, where I closed it for +2.8%.

Four stops at -1% each and one winning trade for +2.8% left me down on the day overall.

Daily Signals

Jan14-2021-Daily Signals

DTI Strategy

Jan14-2021-DTI

Wednesday Jan 13, 2021

The DAX is in a tenuous descending broadening wedge and testing the wedge resistance at the time of writing. A break to the upside indicates a short-term reversal which can lead to a continuation of the overall bull market. Right now the conditions are terrible for a momentum-based trading strategy like mine. A pretty shocking day for trading the strategy and signals today. I had to walk away after losing SIX stops, which is never an enjoyable day. But emotions are bad in trading, so I’ve already learnt to leave the negative emotions at the door. A bad day happens, draw a line under it and move on, no time to dwell. Just get on with it. The benefit of not getting emotional is that you contain your poor day and not let it get infinitely worse. The charts below will illustrate the losses and the signals from today.

Daily Signals

Jan13-2021-Daily Signals

DTI Strategy

Jan13-2021-DTI

Tuesday Jan 12, 2021

An inside day developing today as we continue developing a short-term bearish reaction wave. Despite this, the market remains bullish overall above the 5th January low, ~13,566 as mentioned yesterday. We hit a nice target this afternoon from this morning’s FTSE trading signal to the downside and two DAX trades filled from the DAX trading signal, one of which was stopped at breakeven and one was stopped out. That FTSE winning trade compensated me for the poor trading conditions and lack of activity on the DTI trading strategy. The strategy was hugging the deviation low for most of the trading session without any retracement back up to VWAP. When I see those conditions, I try to avoid getting into any extra trades. I had an early long on the DAX which was stopped and nothing on FTSE.
Jan12-2021-Daily Signals
Jan12-2021-DTI

Monday Jan 11, 2021

The German DAX remains bullish above the 5th January low, ~13,566 and will remain bullish if we hold that low AND break to a new high, which means a new all time high is required to sustain the bull trend.

As for trading, the morning signals that I release in the premium channel didn’t yield too much today. The DAX short was stopped at breakeven and the FTSE short was stopped out. I didn’t re-open the FTSE short, but you’re welcome to, because in this case it would have hit target on the second attempt. 

So whilst the morning trading signals didn’t yield too much, the trading strategy was amazing today! Congrats to you lot using it. 

Jan11-2021-DTI
Jan11-2021-Daily Signals
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 from the 5-Jan low.

Trading wise today, it was pretty mediocre with one loss from the daily signals, but four losses from the DTI trading strategy, of which three came from the DAX. The trading conditions were not ideal, there was no significant momentum. So it was a five stop loss day. It happens.

Jan8-2021-Daily Signals
Jan8-2021-DTI

Thursday Jan 7, 2021

Contrasting day compared to the superb trading signals from yesterday. The morning signals yielded one stop loss on the FTSE and an evening close on the DAX. On the DTI, it was an ugly day, the market bias indicator constantly fluctuated between bullish/bearish – terrible conditions for a momentum strategy like mine. I took a DTI DAX signal, which was stopped out and the second DAX signal from DTI was ignored due to the price action being yellow and failing to retrace back to vwap. The FTSE DTI signal was stopped at breakeven.

Dax Daily Signals Jan 7th
DAX Trading Strategy Jan 7th 2021

Wednesday Jan 6, 2021

What a fantastic day of trading the DAX and FTSE today! Everything I entered worked out, which is not always the case. Two daily signals were filled (both the longs) and they smashed target! The DTI produced two longs as well, and they had the same result. Overall four separate trades hit their target to produce a very strong double-digit percentage growth day! 

Dax Daily Signals Jan 6th
DAX Trading Strategy Jan 6th 2021

Tuesday Jan 5, 2021

Quiet day on the daily signals today, only two filled of which one was stopped at breakeven (the German DAX trade) and the FTSE signal was stopped out. Whereas on the DAX DTI trading strategy, I had two stop losses.

Dax Daily Signals Jan 5th
DAX Trading Strategy Jan 5th 2021

Monday Jan 4, 2021

All four trading signals filled from this morning. Two longs, two shorts. Overall I had two stop losses, one closed at breakeven and the second DAX trade closed at 8pm.

Dax Daily Signals Jan 4th
DAX Trading Strategy Jan 4th 2021

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 euro and on the other hand the talks about the Brexit trade pact are negative factors that are currently still in focus. In addition, the focus is still on news about the corona virus. The Dax remains in its week-long sideways range.

A break below the lower median line parallel would be interesting.

DAX Threatens To Break Range Support To The Downside

While the US tech indices are again reaching record highs, the Dax is continuing to slide sideways. Investors are nervous that the struggle for a Brexit package and stricter corona measures are weighing on.

Pivot Support and Resistance

dax weekly pivots december 2020 week 2

DAX Technical Analysis Articles

These are daily DAX analysis articles. I have been watching the German DAX index every day since February 2014, when I quit my job to become a full-time trader. During my quest to become a professional market analyst and trader, I learnt as much about technical analysis as I could. The DAX is my favourite equity index to trade because it responds well to technical analysis tools such as market profile, swing analysis, volume profile, RSI divergence and various other technical indicators. 

dax analysis

Effective DAX Technical Analysis Techniques

The most effective technique to improve your own DAX analysis is to always keep the DAX index price action at the front of your analysis. Always understand how the market moves, and what the most recent trend-defining level is.

I know this analysis sounds simple, but it’s the most overlooked technique by traders and market analysts. There is a common mistake to try to be too advanced sometimes, and this causes us to miss the obvious.

dax analysis