Bearish drop?DAX40 (DE40) has reacted off the pivot and could drop to the 1st support.
Pivot: 19,127.24
1st Support: 18,954.73
1st Resistance: 19,280.04
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About DAX Index
The German stock index DAX 40 (GER40) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 40 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity. The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX40 is usually reported as a performance index, which means that the dividends of the companies are reinvested.
DAX H4 | Falling to pullback supportDAX (GER30) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 19,351.22 which is a pullback support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 19,260.00 which is a level that lies underneath a pullback su
GER30 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 19,330.78, which is a pullback resistance and a 50% Fibonacci retracement.
Our take profit will be at 19,036.94, an overlap support level.
The stop loss will be at 19,661.66, a multi-swing high resistance
DAX TODAYDAX TODAY for me back to sell.
I expect new low today and continiue next days
Remember about small risk
DE40 - 4h - LONG Trade CallOn 4 h TF, price is moving up in a parrel channel, taking support from the lower line of channel.
Fib retracement has been used to define TPs.
Buy LONG Trade
Entry: 19,202
SL: 19,103
TP1: 19,278
TP2: 19,351
Heading into 50% Fibonacci resistance?GER40 is rising towards the resistance which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 19,326.61
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss
Bullish continuationThe index reversed from bearish to bullish on Friday last week and now price action is retesting an established low facilitating the bull run. If the downard retest breaks the 19k barrier, stability under this barrier will lead to more downward pressure. Stabilising above the above barrier, will lik
GER30 forecast This is GER30 forecast
I'm looking for sell opportunities, but the is possible buy opportunity.
I'm look for this current 1d candlestick to close under the 19410.00 level. Then tomorrow's 1d candlestick to show bearish power/close bearish under the 19305.00 level. Then I will be looking for retes
GER40 "Germany 40 Index" Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist GER40 "Germany 40 Index" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dange
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Frequently Asked Questions
The current value of DAX Index is 19,215.48 EUR — it has fallen by −0.76% in the past 24 hours. Track the index more closely on the DAX Index chart.
DAX Index reached its highest quote on Oct 17, 2024 — 19,674.68 EUR. See more data on the DAX Index chart.
The lowest ever quote of DAX Index is 372.30 EUR. It was reached on Nov 6, 1974. See more data on the DAX Index chart.
DAX Index value has increased by 0.64% in the past week, since last month it has shown a 0.79% increase, and over the year it's increased by 26.03%. Keep track of all changes on the DAX Index chart.
The champion of DAX Index is XETR:ENR — it's gained 337.17% over the year.
The weakest component of DAX Index is XETR:BAYN — it's lost −41.72% over the year.
DAX Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy DAX Index futures or funds or invest in its components.
The DAX Index is comprised of 40 instruments including XETR:SAP, XETR:SIE, XETR:DTE and others. See the full list of DAX Index components to find more opportunities.