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Daxanalysis

Dax next movesWhat do we think about DAX? Let's see the Monday opening. 9420 in a very important level, above a strong supply zone which everything is in (Fibo levels, Fibo Fann, Gan Angles, etc...) In our opinion, nothing will be enough to stop the bearish movement. Everything is linked to USA and #SPX500 (and the Covid 19 situation first of all). A little bullish correction will be possible until the trendline above but we will consider long trades only above 10130 (which is the level to cover the little GAP). 11690 and 11700 Area is a very good test to discover if the bearish sentiment will end. Anyway, we believe in short... 8790 is the first target (complete da GAP Behind and it's 61.8% of Fibo, then 8000).
DShort
by kitchen_trading
DAX - Dead-Cat-Bounce - FINANCIAL CRISIS OPPORTUNITIES 2020German and European stock market is in a very bad shape and is crashing much faster as during the DotCom bubble and faster than in 2008! All major indices crashed during last few weeks, but the DAX looks weaker than the Dow and S&P500 . It is a flash crash with extremely high bearish momentum, which broke through the 50 and 100 MA moving averages! The 200 monthly MA is at around €8000 and this may hold support. I expect a strong short/intermediate-term bounce from the support zone between €8000 - 7000 which could initiate a rally up into the dead-cat-bounce zone which is between €9.150 - 10.000! Sentiment is extremely fearful and dump money is leaving the space, therefore I think a big bullish bounce will come soon (dead-cat). Long-term bearish outlook: On the weekly time-frame a triple MA death cross is nearing and is only a few weeks away. Price broke below ALL major weekly MAs (50, 100 and 200 MA). Price action below major MAs -> bear market! A Coopock Curve sell signal will be triggered soon (when COPP curve crosses below ZERO line). This could be the beginning of something big and it will be worse than 2000 and 2008! The long-term debt cycle is ending and this in combination with toxic leveraged derivates could result in a debt death spiral! Ever increasing government spending, more and more bureaucracy, increasing taxes and negative EU sanctions for big businesses forced investors to leave the market. This already fragile market only needed a black swan event to TRIGGER the END GAME. There is not only one black swan, the Coronavirus which is causing worldwide supply chain disruptions (= supply shock)! There is another black swan, which will have severe impact on the world economy which is the oil conflict between Russia, Saudi and USA! Banks now begin to print massive amounts of FAKE fiat money to bailout big companies and whole sectors, which will result in a massive dilution of currency supply and loss of buying power of the EUR. Unemployment ratio raises very fast which is an indication that we are now in a depression. If this depression results in a death spiral, the economy will need a very long time to recover from this (look back to 1929). ECB will soon print €750 billion to pump up the markets artificially with the Coronavirus as official main reason. In approximately 18 months most fiat currencies will weaken drastically because new printed fake money will trickle down into the real economy and dilute purchasing power even more, which is like a hidden tax for savers. I recommend withdrawing your funds from your bank and convert it into real money like gold , silver and Bitcoin before this Ponzi system breaks down completely. Join the REVOLUTION and buy the TOP 5 Cryptos in 2020 which are the only digital assets which surge in value during this time of uncertainty! www.5coinsto5million.com If you wanna get insider information you can contact me here: www.onlinebusiness.technology I´m not a financial adviser. For educational purpose only!
XETR:DAX
by PatMoar
CoronabodenNach den Panikverkäufen der letzen Wochen im XETR:DAX könnte sich (vmtl nach entsprechender Luntenbildung) ein "CoronaBoden" abzeichnen. Es könnte ein guter Anlaß für den überverkauften Markt sein, zu drehen. Die fundamentalen Daten sind auf dem Höhepunkt der schlechten Nachrichten. Außerhalb Chinas ist das Wachstum noch exponentiell, und große Teile der Bevölkerung verstehen exponentielles Wachstum nicht und sind von den täglichen Zahlen erschüttert. Dennoch hat sich in China die Kurve auf nahezuhin 0 Wachstum abgeflacht und es gibt keinen Grund anzunehmen, daß dies in Europa nicht auch der Fall sein wird in 3-6 Wochen. Natürlich fühlt sich bei diesem Chartbild ein bullisches Play wie ein Griff ins Messer an, doch den Mutigen gehört die Welt :) Auch halte ich weitere Kusverluste für wahrscheinlich, doch zunächst sollte sich ein Rücklauf einstellen.
XETR:DAX
by traderbonk
BUY DAX ON WEEKLY CHARTThe European market kept its collective head on Monday morning, avoiding another plunge despite the alarming losses in China. One of the more curious aspects of the coronavirus situation is that, while the rest of the world’s indices suffered, the Shanghai Composite was side-lined by the Lunar New Year holidays. Well, Monday saw it play catch-up. The Chinese index lost close to 8%, investors bailing at the first chance they got – this as the death toll jumped by 57, the single one-day increase since the virus was detected. Instead of treating this as another chance to sell, Europe was level-headed after the bell. The DAX rose 0.2%, while the CAC eked out a 0.1% increase. The FTSE was a bit more energetic, adding 0.3%, though that’s because of the pound’s early February retreat. As for the Dow Jones, the futures are currently pencilling in a 100 point bounce later this afternoon.
DLong
by q12398
2
DAX nears all-time highs, next target 14530!The DAX is finally catching up to the rest of the worlds equity markets. It's about 100 points away from the all-time high which is not a big distance for the German Index. The support structure at 13000 held extremely well and the buyers managed to bid the price up from there. The pop came fast and in a matter of days on strong volume. From here we could see a new all-time high fast. The Fib extension level suggests price is going to move into the 14530 area and that would bring the DAX level with other global indices. This idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not liable for any market activity.
XETR:DAXLong
by TRADEPROAcademy
1
DAX breaks a recent high, next target 13600! DAX manages to break through the 13305 high on decent volume after holding the support structure we had mapped out at 12910. The fact that it broke into 13400 and retested the broken high at 13290 means that there could be immediate support here for an all-time high move or a slight retrace into 13050 before we see the all-time high again. For the move to come out into the all-time high we need to see a new higher-low form so that means a move below 12910 ultimately would disqualify this long. Disclaimer: This idea is for educational purposes only, this does not constitute as investment or trading advice. TRADEPRO academy is not responsible for any market activity.
XETR:DAXLong
by TRADEPROAcademy
1
Could DAX 30 make recovery?The DAX 30 index surged to the highest since January 2018 on Friday following the US-China trade deal. But the index has come-off sharply from there. DAX is likely to trade sideways after the German Manufacturing PMI missed the estimates. Services PMI rose to 52.0, up from 51.7, matched expectations. The nearest support bellow is H4 50 SMA and the middle line of the Bollinger Bands at the same chart. A breakout down that level could extend the further bearish pressure towards 12,923.20, the 78,6% Fibo retracement on the daily rally from 11,266.48 to 13,374.27. In that area is located also the lower boundary of H4 BBs. Underneath the support level at 12,650 should limit the sell-offs. On upside, if the bulls could make recovery above the Friday's high at 13,423.41, further gains should continue to 13,505/525 (Oct. and Nov. 2017 highs). Obviously resistance at the all time high of 13,596.89 is then key to direction. We prefer the bearish/consolidation scenario in near-term because of the negative Friday candle and therefore Stochastic is in its overbought area.
XETR:DAX
by ForexTrendline
DAX30 Still Looks Neutral in Short-termThe DAX30 index currently faces a challenging resistance area at 13,190. The index is holding the rebound from the 23.6% Fibonacci retracement of the October 4 low (13,879) to November 19 high (13,338.25) rally at 12,970. The 55-day moving average has risen to 12,827. Yet the positive slope in the 55-day SMA that increases distance above the 200-day EMA suggests that the bullish trend is intact and an eventual reversal could come later rather than sooner. On upside, if the price break above upper border of Bollinger Bands at 13,350, our first target is Nov. high 13,374.27. A clear break of which could see the bulls to retest the all-time high level of 13,597 registered in late January 2018. A closing price below Tuesday’s low of 12,927 and the 55-day SMA could encourage more selling pressure. However, only a significant fall below 12,660 would put the current uptrend under speculation, shifting the medium-term picture from positive to neutral first. There is located also 50% Fibo level on the above-mentioned rally.
XETR:DAX
by ForexTrendline
DAX hits first level of support and rallies, new all-time high?The DAX managed to pull back, as anticipated through rotations at the top of a structure area it failed to break above into its all-time high and into a new high after several attempts and the downside was expected. We had 2 levels identified as potential targets, the first being the cluster of support that was mapped out based on where the price started its rally which was between 12930 and 12965 which happened to be the inflection point at which the DAX recent bounced off. The second target area for the downside on the retrace was 12615 which was a Fib level that we were watching, but the rejection at the first level suggests that this move lower was just enough to get some new buyers interested. Now, what is the move higher? Where is the upside target? With the Christmas rally ahead we may see new highs across the board in equities. From here we really need to break through the 13305 level that is holding resistance and get into the previous all-time high. If price breaks above 13305 into 13320 then we will anticipate the move into the high at 13600 or so. For that, some good European trade talks will help out a lot. Disclaimer: This idea is for educational purposes only, this does not constitute as trading or investment advice. TRADEPRO Academy is not responsible for any market activity.
XETR:DAXLong
by TRADEPROAcademy
Weekly suggests retrace to 12620 on DAX, then up to 13775!Immediate short on DAX makes sense if you look at it on a weekly basis there is reversal structure forming at the current price, the long wicked dojis and red candle pinbars are associated with a move lower. The volume is accumulating for a slight retrace as the DAX cannot catch up to the US equities at all-time highs. The retrace is still the previous broken level which happens to be the 50% retrace from the impulse move. That would mean that a 5% pullback is to be expected in the DAX and that can be ignited by a pullback in the S&P 500 market which we are anticipating as well. The upside move is the extension based on recent impulses right at 13375. Disclaimer: This trade idea is for educational purposes exclusively, this does not constitute investment or trading advice. TRADEPRO Academy is not responsible for any market activity.
XETR:DAXShort
by TRADEPROAcademy
Could DAX30 Broke Above the Current Range?The momentum of the index has increased since the middle of August. But yesterday was a particularly bearish day for the German auto sector, as the markets responded to negative chatter from Beijing on trade. The DAX30 index remains stuck in a narrow 13,100 - 13,300 range that has been in place for almost two weeks. The sideways consolidation can continue for some more time and the DAX is likely to break above 13,300 and resume its upside trend towards 13,400 - 13,500 eventually. But until that happen the preferred trading strategy is Sells on the upper border of the range or Buys at the bottom limit. Today the price already tested the upper border of the Bollinger Bands and retreated. Now we expecting the price to test most probably the H4 50-day moving average at 13,115. If the DAX broke bellow it and under the downward line of Bollinger Bands, the bears could go further downside to the 23.6% Fibonacci retracement of the rally from October 4 to November 12 at 12,970. The German Bundesbank’s monthly report warned that Q4 growth could stagnate, but with only a slight risk of a prolonged recession. There are no major data releases scheduled for today. A lack of stats will leave the major German index in the hands of risk sentiment throughout the day. Geopolitics continues to be the key driver, with updates from the U.S and China on trade talks in focus.
XETR:DAX
by ForexTrendline
Dax - Intermezzo-Short - RRR 8 to 1Hi, Servus, Grüezi and Moin, Moin, something really crazy today - a Dax "Intermezzo-short". The last actions at the Dax were almost completely long and filled the account very well. Now I think the time has come for an "Intermezzo-short" with RRR of over 8 to 1. I like to bet a few of the last winnings on RED candles. My tradingplan: Short-entry 13.227 SL: 13,287 daily high (60 points) Target: 12,737 and lower (490 points) Greeting from Hanover Stefan Bode
FOREXCOM:GER40Short
by StefanBode
1