DAX

Let’s dig right into the market and charts. First off DAX. The trend is obviously up but volatility is perhaps a bit high for “safe bull” market (~100 points / daily). The index [...]

Below a weekly DAX chart with estimated levels for next week. Not much to say since DAX follows the other major indexes.. Estimated dax levels for next week (low)6700 – (high)7200. The [...]

Below 4h DAX chart. No major macros today. Trading suggestion: stay aside, bad risk:reward ratio on both sides.

The past week was quite volatile as they have lately been. This is obviously good for very short term traders and intraday traders. Below weekly DAX chart, the mid term trend is up. Weekly close [...]

Very strong move today, much stronger than I expected. Below 5min DAX chart. Trading suggestion: Exit rest of long position or set trailing stop around green area.

A fast update on DAX, below 5min chart 5MIN DAX Trading suggestion: Take profit and set stop(/loss/win) to around the yellow area on the chart for the rest of the long position.

I misjudged the range yesterday, I didn’t expect 1380 to be taken out that fast. The good news, both short and mid term trend is now bullish. The bad news is, well.., that it makes me [...]

Well, it is no secret and surprise that DAX is very volatile. The recent drop on the index is though a bit sharp chart pattern wise. Below a 1D DAX chart DAX 1D CHART Almost exactly one year ago [...]

When looking at a weekly DAX chart, the obvious question is; is this a correction in a bull rally or is this a beginning of a bigger trend change? I don’t have the answer to that question, [...]

The candlestick formation is perhaps not the most pretty for them bulls but it is not that bad if next 2 trading days are smallish range days. Below DAX daily chart with some obvious levels that [...]