Dax Technical Analysis 08/09/2017

Dax Technical Analysis 08/09/2017

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 Technical Analysis 07/09/2017

Dax Technical Analysis 07/09/2017

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 Technical Analysis 06/09/2017

Dax Technical Analysis 06/09/2017

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 Technical Analysis 05/09/2017

Dax Technical Analysis 05/09/2017

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 Technical Analysis 04/09/2017

Dax Technical Analysis 04/09/2017

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...