Good morning traders, welcome to this morning’s DAX technical analysis article. I’d like to share the DAX market profile breaking the previous value-area-low and range-extension-low after failing to tag the point-of-control, there is also a DAX Single Print Selling Tail. I’d also like to share the 60-minute DAX chart showing the current DAX trend and some high-volume-node key levels to watch. Finally, notice the DAX trading strategy chart which shows price ‘playing the bands’ bouncing between the deviation-high and vwap as well as the deviation-low and vwap.
Rather than type it all out, I held a webinar this morning instead, so please watch the video for the background analysis.
DAX Technical Analysis Video
DAX Market Profile
60-minute DAX chart
10-minute DAX Chart
DAX Trading Strategy
DAX Key Levels
| Method | Price |
| VWAP | 12642 |
| Point of Control | 12647 |
| Value Area High | 12668 |
| Value Area Low | 12626 |
| Pivot | 12648 |
| R2 | 12750 |
| S2 | 12546 |
