Dax40
DAX Bullish continuation towards 16000.My last DAX analysis was on a bus signal after the price broke above the 4H MA50:
The short-term target of the 4H MA200 eventually got reached and now I shift my focus for the medium-term back to the 1D time-frame.
As you see the price has been trading around the 1D MA50 (blue trend-line) for a week. The very same consolidation pattern around the 1D MA50 was last seen from July 23rd to August 3rd. It led to the formation of the 16030 All Time High/ Resistance. I am expecting a similar rise/ target.
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DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 15398 (stop at 15461)
Trend line resistance is located at 15530.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
Bearish divergence is expected to cap gains.
A higher correction is expected.
Our profit targets will be 15224 and 15204
Resistance: 15530 / 15600 / 15650
Support: 15500 / 15400 / 15300
2 powerful place for buylimit and hold minimum to fibo 61% you can hold these buys to fibo 161% too (can take 15 day
ALERT=if you have sells , close all near 15077 , each second dax can fly to 16300 (fibo 161%) dont pick sell signals, main trend on daily chart is very +
note=our target for close buys is fibo 161%=16300 area , be careful it can goes to 17000 too (dax40 is under fair value )
note=AC 4hour is green now , check it
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DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15471 (stop at 15414)
Expect trading to remain mixed and volatile.
There is no clear indication that the upward move is coming to an end.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Our profit targets will be 15638 and 15658
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
DE40 Sell a break.GER40 - Intraday - We look to Sell a break of 14977 (stop at 15036)
Daily signals are mildly bearish.
Our short term bias remains negative.
Pivot support is at 14979.
Trading close to the psychological 15000 level.
A break of bespoke support at 15000, and the move lower is already underway.
Trades with a bearish descending triangle formation.
Our profit targets will be 14811 and 14791
Resistance: 15100 / 15150 / 15200
Support: 14980 / 14900 / 14800
DAX LongThere have been clear signs of a reversal in price since the market opened this month. A bullish candle indicates we have now entered an uptrend.
15560 gap still is open soon or late dax must fill this gap ,each second dax can fly up 4-5 day
advice=when dax start go up ,dont pick sell signals (it can wild go up witout pullback and you cant close sells) instead looking for buy in deep
we predict for dax 16000 then 16000 for next 10 day
cash xetra dax chart
DAX ShortA double top has formed on the 4 hour time frame. Price then fell sharply with a bearish candle, then retested a key level. Indication of a downtrend, or at the very least a further fall in price short term.
DAX ShortWhilst I would predict that the overall trend of the DAX will be upwards over the next week, I believe there will be a retest of the highlighted level of support to form a double bottom beforehand.
DAX LONG TERMIn general, the downward trend is continuing in analysis. We have to follow important areas of support and resistance zones. If the trend isn't broken, the sale will continue in chart.
DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15602 (stop at 15557)
Bespoke resistance is located at 15600.
A break of yesterdays high would confirm bullish momentum.
There is no indication that the rally is coming to an end.
Prices have reacted from 15015.
Our profit targets will be 15729 and 15749
Resistance: 15600 / 15650 / 15700
Support: 15550 / 15500 / 15450
DAX going to 10700 ? Upcoming C wave - Evergrande fall?DAX has reached 1.382 a very typical level for a Wave B, we hadn't seen any real volume since march 2020, no clear indication of a true impulse wave, and it can be counted as ABC wave B with A=C. VERY BEARISH signal. Should find a support at 10700 and a real and structured impulse up afterwards. HUGE divergence on RSI monthly, and a meaningful on RSI weekly !