Dax Outlook Bullish breakout recently needs to hold a pullback to confirm a reversal in the recent bearish trend. If that happens, then we are looking for a move towards 12500 No article, it’s a video instead today Dax & FDAX Technical Analysis Video...
Dax Outlook A great rally yesterday of around 200 points and we’ve broken above the short-term bearish trend channel discussed in yesterday’s article. So the sellers are under pressure right now and are hoping to hold on to the 300-335 zone. Even sellers...
Dax Outlook The trend-defining level is currently the high from yesterday, which is now around 12210 on futures. We are currently maintaining a bearish bias below this level but price action is ranging and becoming increasingly choppy. It’s very easy to chase a...
Dax Outlook Bearish below 12253 Looking to short from higher levels, until we break above the trend defining level. We like the 180-190 zone and have already sent out a trade this morning which barely went into drawdown. So we are watching that carefully and 220 is...
Dax Outlook The Dax remains bearish under 12253 and traders are still looking for shorting opportunities given the tensions in the Korean peninsula. We have a gap from the open this morning, which is yet to be filled (at the time of writing). If the gap does close, we...
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