DAX index (DAX) | The most normal scenario for a fall📝Hello traders, DAX in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on the count we had, the main waves 1, 2 and 3 were formed.
But first we examine wave 3 and then we say the conditions of wave 4.
In wave 3, the principle of periodicity is well observed, but wave 5 of wave 3 is not structurally and relatively normal under normal conditions, and this makes us suspect the beginning of the main wave 4 to some extent.
However, as we said before, breaking the line is a confirmation of the start of Wave 4.
Wave 4, considering the original Wave 2, which does not have a very long and deep correction, probably includes these features.
Given the current movements of Wave 4, we know it as a zigzag and the minimum Fibo target will be 0.38.
If the end of the 3 main wave breaks in this counting wave, we have to examine the counting from the beginning.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Daxanalysis
DAX: Further Rise ExpectedThe DAX is in high spirits. Having already risen into the white zone between 15966 and 16127 points, the index is likely to surpass it after a short corrective excursion into the orange area between 15625 and 15805 points. Once it has reached the support at 16295 points, the index might even jump into the second white zone between 16385 and 16545 points.
Alternatively, we have provided another scenario which is marked with a probability of 35% in our chart. The index might also fall below the resistance line at 14795 points and thus dive into the magenta colored area between 13805 and 14392 points. However, if it does so, it will soon jump out of the magenta pool, dry itself off and head north again.
Happy New Year!
MARCH AND DAXHi
Yes...MARCH AND DAX..
It is clearly seen what dax does in March. The graphic is clear and precise.
.
.
.
Investment information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is offered individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein are in no way guiding, but are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations..
.
.
.
You can support by like it.
DAX Forecast: Continues to Consolidate Around 200 Day EMAThe German index continues to bounce around the 200 day EMA as we have seen a lot of consolidation in this general vicinity. The 200 day EMA is obviously an indicator that a lot of technical traders will jump on, as it continues to be an area that longer-term traders pay close attention to. Furthermore, when you look at this chart, you can see that we have gone back and forth just above the €15,000 level, an area that obviously would be somewhat attractive for traders as well.
When you look at this chart, you can see we are trying to build a bit of a basing pattern, and if we can take out the €15,500 level, I think it is very likely that we go looking towards the €16,000 level again. Ultimately, the market will have to decide whether or not the lock down situation in Germany is going to roll over the cliff, or if we are going to turn around and rally. At this point, the reaction has been somewhat positive, so one would have to think it is probably only a matter of time before we grind higher. After all, we had recently sold off quite drastically only to go sideways, which is the first step in getting things turned around.
That being said, if we were to break down below the €14,900 level, then it could send this market much lower, perhaps down to the €14,000 level. The DAX is going to be just as sensitive to risk appetite as many other indices, despite the fact that Germany is considered to be the “blue-chip index” of the European Union. A cheap euro certainly helps the idea of exports, which the DAX is full of when it comes to large multinational corporations.
One thing is for sure, if the DAX sells off again, nothing good could happen to other indices such as the IBEX, MIB, and other smaller indices on the continent. If this market does rally, those very same indices will be where traders look to next in order to find some type of return. As things stand right now, we have pulled back to a serious support level, and so far, it seems to be doing its job. It is a little early to call it a victory, but it certainly is starting to act like the buyers are willing to step in.
Monday: DAX - Week 47Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
DAX: The Sun is Rising! 🌅🌅🌅Currently, we expect the DAX is going to rise and leave the low of wave 2 in green behind. It is important that the course is surging past 16024 points. From there, we have plenty of room to further increase to regions around 16500 points. However, the DAX must remain above 14998 points.
Happy trading!
DAX Index Analysis, Breaking the Resistance Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the chart after the price has gone up near the 16030.575 the Bears went in right away and showed the Bulls that they still have power in them and a Bearish candle has formed dropping the price to the 15850.270.
upcoming Scenarios for the price movement :
Scenario 1 :
The DAX index is trading at 15925.730 and it's nearing the first resistance line at 16024.90, where the Bulls power will be tested and if they have proven that they still hold control over the trend then we will see a breakout from that resistance zone and the price will most likely be moving up and will be headed near the 16436.49 area.
Scenario 2 :
After that Bearish candle, The Bears has shown the Bulls that they still have power in them and they could be making a move soon, The drop in price on Monday was 0.32%, This could be a sign that the Bears are ready to make their move, if the Bears were able to hold control over the Market right now then we will be seeing the price dropping near the first Support line at 15935.39 where a battle between the Bulls and the Bears will take place over control of the market, If the Bears were able to win that battle then we will be seeing the price dropping more and could be headed to the Major support area at 15845.88.
Technical Indicators showing that :
1) The Market Price is above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign)
2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal Line.
3) The STOCH reached The overbought zone with a negative crossover between %K (82.25) and %D (89.52). Which could indicate a small drop in price.
4) The RSI is at 61.48 showing great Strength in the market, With no divergences between the indicator and the market.
Support & Resistance points :
support Resistance
1) 15935.39 1) 16024.90
2) 15774.37 2) 16105.43
3) 15571.29 3) 16233.41
Fundamental point of view :
Germany stocks were lower after the close on Monday, as losses in the Consumer & Cyclical, Transportation & Logistics and Industrials sectors led shares lower.
At the close in Frankfurt, the DAX lost 0.32%, while the MDAX index fell 0.54%, and the TecDAX index lost 0.12%.
The DAX volatility index, which measures the implied volatility of DAX options, was up 12.13% to 18.02.
The best performers of the session on the DAX were E.ON SE (DE:EONGn), which rose 1.39% or 0.150 points to trade at 10.940 at the close. Meanwhile, Linde PLC (DE:LINI) added 1.19% or 3.100 points to end at 264.250 and Merck KGaA (DE:MRCG) was up 0.75% or 1.47 points to 196.40 in late trade.
The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.14% or 4.45 points to trade at 203.05 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.12% or 1.82 points to end at 84.06 and Bayerische Motoren Werke AG (DE:BMWG) was down 1.91% or 1.585 points to 81.495. According to Investing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
DE30EUR ( Dax ) New Short Setup Available After Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
DAX, SELL POSITION.DAX ON short FOR NEXT WEEK.
DAX has broken a long uptrend and we will be heading for a retest after the trend is been broken, so we won't be having a long sell, is just a short sell until we see the next move of the market.
Monday: DAX - Week 31Hello Traders! Check Related Idea for market context!! So far the structure is going as expected, let's monitor and adapt to the next possible scenarios and changes.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Friday: DAX - Week 30Hello Traders! Check Related Idea for market context!! A possible continuation 3-wave structure is currently in play, let's see how it plays out!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Wednesday: DAX - Week 30Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.