05-04-2019 Dax Technical Analysis
We finally found the 12,000 level yesterday with Dax futures reaching a high of 12,053. As it is NFP today, I would normally expect for price action to consolidate into a more narrow range until the release. And we are currently trading at that 12,000 level right now...
04-04-2019 Dax Technical Analysis
The Dax missed 12,000 yesterday after getting as high as 11 997.5 and then 11 990 this morning. Yesterday’s candle opened at 11 784 closed at 11 979.5 meaning a gain of 195 points. This 195 point gain comes off the back of four previous consecutive bullish candles. I...
03-04-2019 Dax Technical Analysis
I mentioned yesterday that “this is quickly turning into another assault on 12k”, well further progress is visible today and futures is only 60 points off that major milestone right now. We’re above both previous highs (March 19th and October 17th)...
