Get started

Dax30short

DAX: Approach to Resistance Area... how to trade it?Hi everyone! The main trend on DAX is bullish so if you think about a short trade, it is not possible to anticipate the market/signal so it could be interesting to wait for a first bearish leg development on intraday chart and try to take a short position using the potential technical rebound (wave B) with stop loss above wave A (Top): If there is no pullback, the next bullish target is around 16.230 area. ...trade with care! 👍 If you think that my analysis is useful, please... "Like, Share and Comment" ...thank you! 💖 Cheers!
EUREX:FDAX1!Short
by TheAnonymousBanker
8
DAX H4: Too early for bears to enter? Fed did it again.Bears in Twitter start to ask themselves whether they were all wrong or they were too early to bet against the market after the Fed was hawkish-but-not-too-hawkish in yesterday's meeting. DAX is a heavily automotive, banks and other cyclic assets weighted European index. Europe has performed better than America, but if ECB decides to implement an even more hawkish strategy than that of the Fed, those "better European gains" will vanish relatively soon. That is why, together with the current economic, political and social-unrest context; I am beginning to feel bearish on DAX and CAC. DAX could be shaping a H&S pattern the next days that could end up pretty bad if inflation does not calm down, ECB continues to raise rates and unemployment increases. Therefore, my prediction is that DAX will not reach ATHs and stay around 15580-16250 to drop later on to 11350-13350. Could there be again a Head and Shoulders on its way?
XETR:DAXShort
by alexinve
2
DAX's bullish momentum continues to stall.GER40 - Intraday - We look to Sell at 15163 (stop at 15253) We are trading at overbought extremes. Trend line resistance is located at 15170. Bespoke resistance is located at 15150. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Our profit targets will be 14943 and 14903 Resistance: 15150 / 15221 / 15272 Support: 15066 / 15000 / 14950 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
DAX to extend losses again?GER40 - Intraday - We look to Sell a break of 14897 (stop at 14986) Short term momentum is bearish. A break of resistance at 14900 should lead to a more aggressive move higher towards 14800. We look for losses to be extended today. We are trading at overbought extremes. Our profit targets will be 14681 and 14651 Resistance: 15050 / 15130 / 15200 Support: 14900 / 14800 / 14700 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
DAX to stall at overbought extremes.GER40 - Intraday - We look to Sell at 15119 (stop at 151201) We are trading at overbought extremes. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Rallies should be capped by yesterday's high. Our profit targets will be 14909 and 14879 Resistance: 15128 / 15200 / 15300 Support: 15050 / 14950 / 14830 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
1
Selling DAX into previous highs.GER40 - Intraday - We look to Sell at 14582 (stop at 14677) We are trading at overbought extremes. Bespoke resistance is located at 14600. The hourly chart technicals suggests further upside before the downtrend returns. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Bearish divergence is expected to cap gains. Our profit targets will be 14357 and 14317 Resistance: 14510 / 14560 / 14600 Support: 14440 / 14400 / 14340 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
DAX to extend it's losses?GER40 - Intraday - We look to Sell a break of 13838 (stop at 13931) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. We look for losses to be extended today. 50 1day EMA is at 13900. A break of the recent low at 13839 should result in a further move lower. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 13609 and 13559 Resistance: 13950 / 14040 / 14100 Support: 13900 / 13810 / 13700 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:DE30EURShort
by OANDA
DAX 30 Big PictureThe DAX as a ZigZag correction . Rules of the ZigZag correction . 1. Wave A must be an impulse or Leading Diagonal Triangle ✅ 2. Wave B must be any corrective pattern (ABC) ✅ 3. Wave b does not correct wave A more than 99% ✅ 4. Wave C must be an impulse or Ending diagonal Triangle ❓ 5. Wave C must be at least 70% of wave B from a price perspective ❓ 6. Wave C fails extremely rarely (strong wave C) ❓ Current course . The DAX formed a Leading Diagonal Triangle since the beginning of 2022, which can be represented as an ABCDE or 12345 wave. The DAX was able to break out strongly from the Leading Diagonal Triangle in recent weeks (since October), forming an abc correction. We bounced off the upper trendline. Further course In the last days, the DAX shows first weaknesses and we assume that the DAX has already formed its TOP and now another downtrend follows. If the assumption of the ZigZag correction is correct, now the DAX should form another 12345 structure to the downside, which should hold in the trend channel. There is also still the possibility that the DAX makes a final uptrend until about just above the upper trend line and only then crashes. Depending on how the economic events will develop, we see 2 correction scenarios as likely: 1. the German or European recession comes harder than currently assumed and the DAX corrects below 10,000€. 2. the recession can be halfway cushioned and thus the financial market calms down faster and the DAX forms a bottom at around 10,500 to 11,000€. We currently see the first possibility as more likely due to the economic environment. Interest rates will not be lowered in the foreseeable future. The real estate sector is under massive pressure. Many companies continue to struggle with the huge cost of energy and capital, and a large number of companies are still highly overvalued. A perfect sentiment for a bear market to continue for another 6-12 months. We will keep you posted!
XETR:DAXShort
by Consyder
2
The DAX could retrace further from its ‘bull market’ thresholdThe DAX entered a technical bull market on Tuesday by closing just over 20% higher from its September low. I have lost count the amount of times I have seen a market pull back from the 20% threshold (which is based on no logic that I can see, other than being a nice round number) – so that is just the first clue that the DAX could pull back further. But we also saw two Doji candles leading into the high, prices were rising on lower volume, and a bearish divergence has formed on the stochastic oscillator. Therefore, the bias is for a retracement towards the 14,000 area whilst prices remains beneath 14,440. At which point we can re-evaluate its potential for a move up to the 14,709 high. A break above this week’s high assumes bullish continuation.
XETR:DAXLong
by CityIndex
Porsche: Ready to Race?Instead of stepping on the gas pedal, the Porsche stock corrected as soon as it touched our tourqoise target zone. We predict that the course continues to drop into the red zone between 56.44€ and 44.06€, until it completes the red wave (2). Following the correction, the trend should head towards the resistance at 69.20€. In an alternative scenario with a 35% chance, the Porsche stock has the opportunity to push for a rapid turnaround now and exceed the 69.20€ resistance mark to gain further pace on the upper side.
XETR:PAH3Short
by MarketIntel
DAX Breakout or Breakdown?The DAX has rallied significantly since the end of September after touching a major support range at 11,550 - 11,850 - the area that price bottomed in November of 2020 It is now pressuring the downtrend extending from the yearly highs and could be poised to break higher A convincing close above downtrend resistance would provide a great buying opportunity with near-term targets at 13,570 and 13,950 However, if trend resistance holds firm, a continued downside push looks likely, with a great opportunity to sell and chase price back to yearly lows
XETR:DAX
by dmoss94