When observing the DAX INDEX 
DAX on a weekly timeframe, identifying a clear pattern is challenging. However, check out the TEC DAX 
TDXP, which is closely correlated. You'll notice a clear bullish flag pattern forming, and we're nearing its upper band. Once this pattern activates, expect an upward surge for both indices. The bull market is still very much alive!
DAX on a weekly timeframe, identifying a clear pattern is challenging. However, check out the TEC DAX TDXP, which is closely correlated. You'll notice a clear bullish flag pattern forming, and we're nearing its upper band. Once this pattern activates, expect an upward surge for both indices. The bull market is still very much alive!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.