DAX will recover from losses
After the massive losses in the German benchmark index, there is a clear bullish divergence in the CumulativeDelta.
Similar divergences can be seen in other timeframes.
On the opposite side, no bearish divergences have manifested in the higher timeframes.
Therefore, we assume that the price losses are temporary and that prices will soon head towards the recent all-time high.
Similar divergences can be seen in other timeframes.
On the opposite side, no bearish divergences have manifested in the higher timeframes.
Therefore, we assume that the price losses are temporary and that prices will soon head towards the recent all-time high.
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