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Daxindex

DAX Index, will keep bullish but... GER30Hello my friends, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but If the price loose the support zone, the sell position will be activated in the direction of the arrow. Also consider the Taiwan situation. So monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
FX:GER30
by ArashBanakar
DAX: Deep BreathDAX should draw a deep breath because it has quite the way downwards coming up. We expect the index to head for the support at 12425 points, crossing it to dive into the green zone between 12140 and 11150 points, where it should finish wave 2 in green. Afterwards, DAX should take off again, climbing not only back above 12425 points but also above the resistance at 13682 points. There remains a 33% chance, though, that the index could surmount the resistance at 13682 points earlier already.
EUREX:FDAX1!
by MarketIntel
DAX: Step by Step🪜Currently, DAX is neatly following the step-by-step plan we calculated for it. The index has touched at the white strip between 13404 and 13225 points and has already started to move upwards, crossing 13782 points. Although it could still go back into the white strip more strongly to complete wave (4) in white, it could be finished with it just as well and could directly continue its way to the upper white zone between 14319 and 14589 points. To achieve this scenario, though, DAX must not fall below 12425 points. Otherwise, it would have to make a detour through the lower green zone between 12074 and 11776 points first. There is a 30% chance that this alternative scenario could come true.
EUREX:FDAX1!Long
by MarketIntel
DAX: “Drop It Like It’s Hot” It seems like DAX has been listening to Snoop Dogg far too much, because it has plunged into the magenta zone between 14392 and 13805 points, as if to say “Drop it like it’s hot”. However, we expect DAX to pop out of the magenta zone again “like it’s hot”. It should then rise back above the support at 14795 points and aim for the resistance at 16295 points from there. Still, a 45% chance remains that DAX could drop below 13805 points instead and fall until the bottom of the turquoise zone between 13951 and 13227 points before making it upwards again.
EUREX:FDAX1!Long
by MarketIntel
DAX: Caution – danger of slipping ⚠️Could somebody please hand DAX some chalk? Its damp hands could definitely do with a bit more grip over here. On its way to the resistance at 15711 points, the index has slipped off again, but luckily did not fall too deep. Right now, it has already picked itself up from the upper edge of the white zone between 15282 and 14933 points, trying to normalize its accelerated heart rate. We expect DAX to recover further and to continue its ascent. If it manages to climb above the resistance at 15711 points, it should rise even farther up to 16295 points. If DAX loses its strength though, and tumbles below 14829 points, there is a 40% chance that it could make a detour through the magenta-colored zone between 14392 and 13805 points before hauling itself up above 14829 points again and resuming the upwards movement.
EUREX:FDAX1!Long
by MarketIntel
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