Dax Technical Analysis 21/09/2017

Dax Technical Analysis 21/09/2017

Dax Outlook We have printed a higher high so the bullish trend remains intact, the longer term target zone of 12750-12800 is also the current measured move. We still are lacking any sizeable pullback and the longer term trend defining level/zone (in our opinion) is...
Dax Technical Analysis 20/09/2017

Dax Technical Analysis 20/09/2017

Dax Outlook The daily fork has now been updated on the charts to shift the center line in order to catch frequency. The market remains in an accumulation cycle however, we remain bullish above 12240. We are interested in 480-500 and 400-440 as potential buy zones....
Dax Technical Analysis 19/09/2017

Dax Technical Analysis 19/09/2017

Dax Outlook We are currently at an interesting juncture on the DAX. The rally until now has been very strong, without any significant pullback and many traders are split in terms of what the recent consolidation is suggesting. Some believe it is merely a balance...
Dax Technical Analysis 18/09/2017

Dax Technical Analysis 18/09/2017

Dax Outlook This morning we gapped above all previously discussed resistance levels from last week in the latest show of bullish strength and the momentum is still very much alive. Last week our problem was being unable to find an entry as we were waiting for a...
Dax Technical Analysis 15/09/2017

Dax Technical Analysis 15/09/2017

Dax Outlook We are accumulating in a narrow range, trading sideways and the sentiment is one of boredom at the moment. The Dax and the SPX are currently sharing some correlation at the moment and the SPX seemingly wants the 2500 psycho level. There is a disparity...
Dax Technical Analysis 14/09/2017

Dax Technical Analysis 14/09/2017

Dax Outlook We are interested in a potential long from the previous rejection pocket at around 475-480 and also at Monday's POC down at around 440. There are multiple levels of resistance forming in the 560-580 zone and the levels are explained from the 2500 tick...