Don't give up on the DAX just yetYes, the DAX is clearly within an established downtrend on the daily chart. And its drawdown from its record high is relatively shallow at just -11.5% by historical standards - meaning we suspect further losses could be coming.
Yet its failure to break beneath the December high and March low has not gone unnoticed. And given it formed a bullish hammer around these key level with a mild bullish RSI divergence, we see the potential for some mean reversion over the near term.
Keep in mind that we have flash PMIs for the US and Europe today along with a speech from ECB President Lagarde, US GDP, PCE inflation and a Jerome Powell speech also in focus this week. And that leaves plenty of room for volatility for global markets.
Dax_analyse
DAX 1 HOUR say : it can go up to 158002 place is important (2 arrow on chart)
AC INDICATOR on 4hour chart show up trend will start soon (IF last LOW NOT BREAK)
alert= weekly chart technical say dax can go to 19000 , 100% be caeul from sell(put sl on last high ) ...90% looking or buy and buy pinbar
note= trade index like dax ,nasdaq need minimum 5-7 year practice on demo ,if you dont have it pick it on demo account,not real
if you have old sell, hedge them now then wait 2-3 month dax go p and back (down trend apear) then frist close your sell in low ,then on high close your buys
goodluck
DAX 4 HOUR TECHNICAL SAY : it can go down to 15200 area dax in last week go up and touch fibo 161% (see green fibo on chart ) now it can go down to 15200 area , we have important trendlines and fibo 61% there
advice = sellstop in 4hour chart last low and SL on last high + buy limit in 15200 area
if you have old sells, dont fear be patient 20-30 day ,,,near 15200 hedge your sells and never never close hedge buys frist (main trend is up)
ALERT = TECHNICAL SAY ON BIG BAD NEWS dax CAN GO TO 14600 AREA TOO but i advice 90% looking for buy in next 3 year
good luck
dax 1 hour ; all pro waiting for dax crash to 14700we have 2 open gap on CASH PHISICAL DAX INDEX must fill soon or late
if you have old sell you must close all near 14700 area and pick buy and hold 1 month to high
FOR NOW = put sellstop in low and pick buy above green arrow ,,,dont close buy soon,,try hold them to 15800
ALERT= AS I SAY BEFORE : WEEKLY CHART TECHNICAL SHOW 19000 AS DAX TARGET ,,,,IT CAN FLY UP ,,,,BE CAREFUL FROM SELL
alert= trade dax and index are very complex need minimum 5 year practice on demo account ,,,if you dont have it,dont trade it in real account
Goodluck
Dax 4 hour =double top pattern,,,, pull back to 14800 possible for sell we are waiting pinbar on daily or 4h chart
AC indicator on 4hour going to signal sell ( if high not break
in 14750 I will buy and hold it 30 day to 15800-16000
good luck
ALERT=trade Dax and other index need minimum 5 year practice on demo
DAX 4 hour = as i predict in low dax reach 15000i close my buys now and looking for sell now
ALERT = daily chart TECHNICAL SAY DAX CAN GO TO 19000 IN 2023 SO BE CAREFUL FROM SELL
above green arrow after pinbar apear on 1h or 4h or daily chart we must buy and hold it 10-20 day
if you have old sell against my analyse and advice you must hedge them near 148000
good luck
ON DAX AC INDICATOR 4HOUR IS VERY VERY IMPORTANT SO MONITOR IT
dax 4hour scenario : dax reach fibo61 daily ,now must go down we have 3 gap on phisical cash DAX INDEX ,personaly i think red scenario will happend THEN as i predict in low, before dax will see 14800-15000 area
AC indicator show new +up trend will start if if if last low 14500 not break ,,,,if 14500 break signal will switch to sell
ALERT: END OF YEAR +RALLY CAN START
good luck
DAX 4 hour = dax 1st target is 13500 germany manufacture news comes very good
AC indicator on 4 hour going green,buy
2 upper gap we have on phisical cash DAX INDEX symbok= DEU40
when PINBAR cones on 1hour or 4hour or daily chart,,, or PINK TREND LINE break , dont fear pick buy with SL = pinbar low or day low ,wait time =3 to 6 day
good luck
DAX 4 hour : we have gap on 14200 , it is buyer target dax now little must go down , above green arrow after pinbar comes on (1h-4h-daily chart) we must buy and hold it 3-4 day SL=pinbar low
if you have old sell (i was give buy from 20 days ago low ) near 13320 you must close all or hedge
ADVICE = until 2023 star,90% looking for buy in deep (+buy pinbar) , be careful from sell , dax can move 2000 point up withouy pullback (dont allow you vlose sell)
good luck
Dax 4 hour :buy dax near 12970 with SL in low never remove SL , if dax break low can crash to 12000
good luck , if you have old buy , 100% put hedge sellstop in low
ALERT= dax love buy and +up trend , so when it go up , dont pick reverse sell , instead looking for buy in deep , in my idea +up trend will start sooon
for inter posation wait OK VERFY COMES = pinbar in 60-240-daily chart , then pick buy (or sell)
DAX 4 hour : after pinbar comes on high time , pick buy dax fill gap now , now it is in buy area(above green arrow) , we can looking for buy now , we must wait OK verfy comes then pick buy (very low size) try hold it until 15000
OK = buy pinbar on 1hour, 4hour ,or daily chart appear or last upper trendline break by price in 5min chart
if you have buy , dont fear , be patient ( why you dont put SL in 4 hour last low)
if you have selk , close it now , wait for OK buy
goodluck
DAX 4 hour : as predict before , dax,dow,fly up going to 14800dax upper target is 14800 (fibo 61% daily)
strongly advice dont pick reverse sell dax easily can back to high 16000, ,instead looking for buy in deep (after pinbar comes on high time chart, pick buy)
we can pick sell in 14500(gap cash phisical xetra dax DEU40 ) and EMA200 daily and 14800 (SL=40 point trailstop=40 tp=120)
if you have old sell , close it near 14400
good luck , keep monitor AC indicator on dax on 4hour
i will update my chart per morning
DAX 4hour : buystop on high , upper target is 14500 then 14800despite some down movment led by DOW , i belive dax trend is + up
best accetion is buystop on high , if you have sell ,100% put SL on high 14150 , if it break dax can start +up trend
good luck , 90% looking for buy dax love buy +up trend ( sell on dax,dow,index is very dangrous)
ALERT = DAX LOVE EMA200 DAILY (orange big line on chart) it can fly up witout pullback,dont allow you close your sell