DAX

SPY was a bit stronger last week than what I had expected. I though stick to plan A which is range trading this week, more or less within the pink box draw on the chart below. There is not much [...]

First of all, to be honest, DAX gained more than I did expect before we got into a corrective down move. The current correction from ATH is now about 5% and we could see another -5% before the [...]

DAX has not had a significant (-10% or more) corrective move downwards in ~400 days. The mean bull cycle counted in days is about 400 days, that is we should expect a correction now or very soon. [...]

DAX managed to close last week in green once again. This was the 7th positive weekly close in a row. Although it is quite unusual to get this many green weekly closes in a row, it is not a new [...]

This will be a very short update on DAX market breadth (or market health whatever you want to call it). I measure the market breadth below with McClellan Oscillator for DAX. The underlying [...]

This will be a short market update, where charts should speak for itself. If anything is unclear, drop me a line at Twitter or Stocktwits. $VIX as an overlay on SPY monthly chart. When $VIX is [...]

Breakout seems valid but pace too steep The ~120 days DAX technical trading range (10 250 – 10 800) was finally destroyed at the beginning of this week. The breakout seems valid but the [...]

DAX pulled back quite hard last week. Not even close to a panic sell event but it managed to put an ugly candlestick on the weekly chart. Also the monthly chart is ugly at the moment but that is [...]

The rebound last week was expected, way higher than I had expected but nonetheless. The below graph illustrates the temperature of underlying instruments of the German DAX index. This is often [...]

Alright, the first chart contains some instructions or ideas how-to use the “market breadth” to your favour. Above the “market breadth indicator” (which is advancing [...]