07-09-2018 Dax Technical Analysis

07-09-2018 Dax Technical Analysis

07-09-2018 Dax Lunchtime Update The DAX is at risk of seven consecutive losing trading days if we fail to close above 982 on futures today.  The swings are currently quite clearly defined. We have lower lows and lower highs. The trend defining level is currently...
06-09-2018 Dax Technical Analysis

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. ...
05-09-2018 Dax Technical Analysis

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...
04-09-2018 Dax Technical Analysis

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...
07-08-2018 Dax Technical Analysis

07-08-2018 Dax Technical Analysis

DaxTraders did not like the drop in new orders in German industry for June. The drop was much stronger than expected and many analysts still quote the trade dispute as the main cause for the fear of German companies. There is no doubt that the trade dispute has...