DAX Weekly Volatility Analysis 5-9 Dec 2022 DAX Weekly Volatility Analysis 5-9 Dec 2022
We can see that currently the implied volatility for this week is around 2.82%, down from 2.98% last week according to VDAX data
With this in mind, currently from ATR point of view we are located in the 1st percentile, while according to VDAX, we are on 1th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.94% movement
Bearish: 2.38% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 17.9% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 14920
BOT: 14050
Taking into consideration the previous weekly high/low, currently for this candle there is :
75% probability we are going to touch previous high of 14600
25% probability we are going to touch previous low of 14333
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 66% bullish trend
Daily timeframe indicates 80% bullish trend
4H timeframe indicates 66.6% bullish trend
Daxanalysis
DAX two possible scenarios.DAX has at the moment two possible scenarios.
If we look fundamentally, inflation might peaked, but recession probabilities around the world are still rising.
So for me the most likely scenario to happen is the bearish one.
Use a solid money management and risk precautions before you enter the market.
DAX Weekly Forecast Analysis 28 Nov-2 Dec 2022 DAX Weekly Forecast Analysis 28 Nov-2 Dec 2022
We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week.
According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1th percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly candle to be :
In case of bullish - 1.99%
In case of bearish - 2.39%
With the current IV calculation, we have currently 17.9% that the close of the weekly candle is going to finish either above
or below the next channel:
TOP: 14900
BOT: 14000
At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week:
26% chance that we are going to touch the previous low of the weekly candle of 14300
73% chance that we are going to touch the previous high of the weekly candle of 14580
Lastly from a technical analysis point of view, currently 66% of the moving averages rating, are insinuating we are in a BULLISH trend.
DAX Weekly Forecast 14-18 November 2022 DAX Weekly Forecast 14-18 November 2022
Currently the implied volatility for this asset is around 3.22%, down from 3.33% of last week.
From volatility percentile, point of view, we are currently on 0.5th from ATR and 17th from VDAX index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
1.99% for bullish
2.49% for bearish
With the current IV, we can expect with a 81.8% probability that the market is not going to close either above or below the next channel:
TOP: 14772
BOT: 13820
Lastly, based on previous calculations, we have:
74% to hit the previous weekly high of 14250
27% to hit the previous weekly low of 13380
German DAX trending higher Daily Insight
Commentary:
Monday - German Industrial Production m/m beats forecast this follows Friday’s strong September factory orders data
German DAX +12% since October 13th
Higher tops and higher bottoms on price indicates short term uptrend taking shape (daily chart) , however resistance in front of current price may push price lower before continuing any further advance.
Current price 13,441
Key resistance at 13,555 , a break above resistance places 13,750 in sight for longs with a short term view (5 to 25 days), while short sellers may be aiming for a retest of the 12,950 support spotted at the 38.2% retracement from the 4 week high.
DAX Weekly Volatility Forecast 7-11 November 2022 DAX Weekly Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 3.45% which declined from 3.59% last week.
Currently according to ATR we are on 36th percentile, and according to DVOL we are on 15th percentile, indicating in both cases, that we are currently is a quiet market.
And as a matter of fact we can that this was case for the last weeks but at the same time , one has to be aware that during this "quiet times", things can change radically.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 18.2% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 13880
BOT: 12920
This can also be translated as a 81.8% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
73% chance that we are going to touch the previous high of 13500
26% chance that we are going to touch the previous low of 13000
DAX Monthly Forecast Movements 1-30 November 2022 DAX Monthly Forecast Movements 1-30 November 2022
We can see that for this month, the implied volatility is around 7.3%, increasing from 7.18% of last month.
This is currently placing us in the 70th percentile according to ATR and 91th according to VDAX.
Based on this percentile calculation, on average the monthly movement for the candle(from open of the candle to the close of the candle) is:
BEARISH Candle : 5.3%
BULLISH Candle : 5.14%
With this in mind we can expect with a close to 16% probability that our close of the monthly candle is going to close either above or below the next channel:
BOT: 12385
TOP: 14302
Lastly, based on the calculations that we had for touching the previous candle high and low values, we can estimate that there is a :
75% chance that we are going to touch the previous monthly high of 13300 (already happened yesterday)
25% chance that we are going to touch the previous monthly low of 11900
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
DAX: Startle ReflexesWe don’t know what has startled DAX so much that it has jumped upwards and has come quite close to the mark at 12425 points again – maybe, someone tested its startle reflexes… However, the index is already back on track and should continue to move downwards into the pink zone between 11421 and 11060 points to finish wave III in pink, which it could also do in the slightly lower and larger blue zone between 11352 and 10828. Afterwards, DAX should perform a countermovement into the upper pink zone between 12129 and 13066 points, before dropping into the big green zone to complete the overarching downwards movement. Indeed, wave 2 in green could also end in the blue zone between 9980 and 9456 points, which provides a little bit more room southwards.
Daily analysis & day trading setups DAX DAX40 DE30EUR 09 SEP 22Happy Friday,
DAX keeps entering and failing the zone starting at 12928. Yesterday's key levels are still in play. You can find it by clicking here (Opens in a new tab/windows so you will not lose this)
In the absence of a catalytic news, it is likely to post an inside daily bar. So today's range is constrained by yesterday's OHLC
Macro EU ECB Lagarde Speech, CAD Unemployment Rate, US Fed Waller Speech
Buy
Break: 12 975, 13 030, 091
Reversal: 12 855, 785, 678, 617, 554
Sell
Break: 12 871, 797, 695
Reversal: 12 991, 13 044, 108, 160
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups DAX DAX40 DE30EUR 08 SEP 22Happy Thursday,
Market will be nitpicking at the coordinated CB speeches today so get ready for some choppiness and sideways moves
DAX has 12928 to 13154 range with mid zone at 49 to 55
In case of extreme moves beyond buying & selling levels
↗️ Upside key levels: 13 052, 125, 197, 294 & 432
↘️ Downside key levels: 12 955, 817, 678, 582, 509
Macro EU ECB Monetary Policy Decision, Lagarde Speech, US Jobless Claims, Fed Powell Speech, CAD BoC Rogers Speech
Buy
Break: 13 055, 93, 145, 215
Reversal: 12 975, 920, 860, 786, 718
Sell
Break: 12 993, 936, 871, 805
Reversal: 13 108, 163, 229, 288
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
Daily analysis & day trading setups - DAX DAX40 DE30EUR 20220831Happy month end, Happy Midweek, Happy Wednesday,
Bulls have managed to regain 13k overnight. So 13k is line in the sand. 13 125 now is the key level on the upside. Any break below 12 850 will confirm bear strength.
Last day of the volatime month.
Macro EU DE Unemployment, HICP, US Employment Change, Chicago PMI
Buy
Break: 13 045, 088, 110, 150
Reversal: 12 998, 935, 850, 815, 738, 690
Sell
Break: 13 013, 12 942, 870, 810, 775
Reversal: 13 094, 125, 154, 219, 290
I regularly publish my daily analysis & trading plan for day trading setups. The links are here:
NASDAQ
DAX
SPX
Green Goblin levels are here >>>
Fibonacci Confluence levels are here >>>
DAX: HiccupsLooks like DAX has the hiccups, the way it is hopping about nervously. We don’t know what has affected its stomach – maybe it is the fact that the index is still indecisive about wave (2) in white. Apparently, it has not yet determined whether it has already completed wave (2) in white or wants to finish it a bit lower still, before resuming the overarching ascent. However, there is only room until the support at 12425 points, as below this mark, our secondary scenario with a probability of 40% would come into play. In that case, DAX would have to take a detour through the green zone between 12140 and 11150 points first, before rising again.