06-09-2018 Dax

06-09-2018 Dax Technical Analysis

After its recent slide, the Dax (DAX 30) opened up with a gap lower again today. We are now at the lowest levels since April after piercing the 12,000 level. The international trade conflict and the currency crises in some emerging markets remain the dominant themes.  There is a downside target zone […]

05-09-2018 Dax

05-09-2018 Dax Technical Analysis

The German DAX lost 109 points on Tuesday, closing at 12220. At one point, the market had dropped over 200 points and we managed to grab quite a few of those points before 10am. Our BBRSI strategy offered three signals to sell yesterday morning and these could have provided up […]

04-09-2018 Dax

04-09-2018 Dax Technical Analysis

I am neutral and believe the DAX is on a “knife-edge” as to whether, in the coming trading days, it could still fall below the 12100-point mark. The bearish case looks at Trump. If Trump continues to show the EU in the tariff dispute the hard edge, the pressure on the shares in […]

29-08-2018 Dax

03-09-2018 Dax Technical Analysis

Unlike in Asia and Europe, international trade and emerging market currency losses have barely hit the US stock markets on Friday. Some caution was felt on Wall Street, where the Dow Jones Industrial (Dow Jones 30 Industrial) battled for the 26,000-point mark. The technology industry was stable after its recent […]

31-08-2018 Dax

31-08-2018 Dax Technical Analysis

Watch out below! This is the general feeling on the DAX for today. The still smouldering tariff dispute between the US and China pushed the mood on the German stock market. The threat of escalation in the trade dispute between the US and China has added to the Dax’s woes […]

30-08-2018 Dax

30-08-2018 Dax Technical Analysis

The German DAX still shows signs of technical strength, but it remains to be seen how sustainable these early signals are. We have been looking for a dip to buy and perhaps we are witnessing it this morning. My ADX strategy certainly suggested [during the webinar] that we were ready for a […]

29-08-2018 Dax

29-08-2018 Dax Technical Analysis

After the strong start to the week, the German DAX 30 ran out of steam yesterday. The tailwind from Wall Street slowed down, which also hit the German market in late trading. The Dax (DAX 30 futures), which had gained a good one percent or so on Monday, closed the […]

28-08-2018 Dax

28-08-2018 Dax Technical Analysis

Yesterday was a UK Bank Holiday: DaxTrader was closed The US and Mexico have agreed on a new trade agreement. It is an agreement with particular importance for industry and agriculture. It is to replace the previous Nafta Agreement, which Trump repeatedly criticized as very disadvantageous for his country. After […]

24-08-2018 Dax

24-08-2018 Dax Technical Analysis

There was little movement on the German stock market yesterday. It seems traders are waiting for something more significant. Both the US and China put into force mutual punitive tariffs. The first direct trade talks between the US and China since the beginning of June have not brought any breakthrough […]