DE30 Buy the support setup.GER30 - Intraday - We look to Buy at 15694 (stop at 15654)
Prices have reacted from 15450.
Short term bias has turned positive.
We look to buy dips.
Pivot support is at 15694.
20 4hour EMA is at 15694.
Our profit targets will be 15804 and 15824
Resistance: 15750 / 15800 / 15850
Support: 15700 / 15650 / 15600
Dax30
DE30 Sell the previous support.GER30 - Intraday - We look to Sell at 15695 (stop at 15742)
Short term bias has turned negative.
Trend line resistance is located at 15700.
Pivot resistance is at 15705.
Previous support, now becomes resistance at 15700.
50 4hour EMA is at 15718.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 15561 and 15541
Resistance: 15650 / 15700 / 15750
Support: 15650 / 15600 / 15550
GER30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15706 (stop at 15657)
We have a Gap open at Monday from 15850 to 15596.
A higher correction is expected.
A break of bespoke resistance at 15700, and the move higher is already underway.
Expect trading to remain mixed and volatile.
Our profit targets will be 15848 and 15868
Resistance: 15600 / 15650 / 15700
Support: 15550 / 15500 / 15450
DAX Buy Signal within the Channel UpPattern: Channel Up on 1D.
Signal: Buy as the CCI entered the Buy Zone and the price is near the Higher Lows (bottom) trend-line of the Channel Up.
Target: 16200 (just below the 1.382 Fibonacci extension).
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Tuesday: DAX - Week 36Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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DAX Increase - Upwind or even less volatility ??Hello trader,
The DAX is facing the biggest reform since it was introduced in 1988. In September next year, the German benchmark index is to be expanded from 30 to 40 corporations. In addition, companies will have to meet stricter regulations in the future - also in response to the Wirecard scandal.
On the other hand, after protests from investors and armaments companies, Deutsche Börse decided against the previously discussed banishment of companies that do business in controversial weapons, for example.
The new 10 stocks can be found in the diagram. 8 are already determined, the 10th candidate will be either beiersdorf or Qigen. While the US markets are behaving strongly, the DAX only moves 130 times a day, so I will concentrate on other markets in the near future.
ETF investors can stay relaxed: The changeover takes place automatically, without any active intervention. ETF providers will purchase securities based on the weights. The index will be calculated on the new basis from the reference date. The new companies will make up almost ten percent of the total DAX volume.
The switch is not a disadvantage for investors. A Dax ETF is suitable for optimizing your regional diversification in your portfolio - we recommend, however, a look at broader European indices such as the EuroStoxx 600, or take a look at the US markets, which are behaving very strongly the DAX only scores 130 points per day.
I would like to mention that all I post are just options and my own opinion !
if you like my posts smash the like👍👍 button, comment or follow me.
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Trade save!!
GER30 Buy a break setup.GER30 - Intraday - We look to Buy a break of 15832 (stop at 15791)
Daily signals are bullish.
Dips continue to attract buyers.
Expect trading to remain mixed and volatile.
A break of bespoke resistance at 15830, and the move higher is already underway.
The trend of lower highs is located at 15950.
Our profit targets will be 15948 and 15968
Resistance: 15800 / 15830 / 15900
Support: 15750 / 15700 / 15670
Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite.
We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction.
Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
Dow Jones - Unsustainable Gains ⚠️US30 has been making incredible gains but with all good things, there must come a period of respite.
We are long overdue a correction - which could be in the form of a slow decline or a massive drop like we saw last time. This will not happen until we see major news or government intervention which would cause a big correction.
Currently we are seeing MACD divergence which is an indication that something big is coming. Keep an eye on the minor ascending trendline and monitor that for a break.
25 August wednesday: on dax , AC and stoch 4hour is red 16000 and 16200 is buyer target
in next hours dax can go down,in green arrow( we must put buylimit with sl=40 point
buystop on yesterday high is possible (dont pick sell under 16000)
enjoy bull market in 2021-2022 =buy in deep ,hold 4-5 day ,close on high
DAXHi guys, I am new here, and don't be strict with me :) This is what I see and if I am wrong feel free to correct me!
DAX 30Technical Analysis of the DAX 30 Index The main German index did not witness stability during last Friday's trading, as a result of the tension between the bulls and the bear.
Where it can be observed that the sellers took control of the DAX, we notice its decline at the beginning of trading from 15814 points towards the levels of 15651 points, and with the failure to break the first support areas as a result of the high buyers’ determination, it rebounded to close at 15819 points and turned from red to green.
DAX analysis:
The German index is moving in a bullish direction that is being formed on the 60-minute time frame, supported by the breach of the descending trend line during last Friday's trading, and it breached the top of 15814 points, and the technical indicators support our view.
· The fast simple moving average and the slow simple moving average during the last trading sessions of the last week, and its signal changed from bearish to bullish.
The Relative Strength Momentum Indicator (RSI 14)) is trading in an uptrend supported by the breach of the descending trend line and the 50-point area.
· Analysis of the (ADX) index closed last Friday's trading at 34 points, which indicates the strength of the bullish trend.
GER30 Buy the previous resistance.GER30 - Intraday - We look to Buy at 15812 (stop at 15758)
Previous resistance, now becomes support at 15800.
Dips continue to attract buyers.
We look to buy dips.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 15969 and 15989
Resistance: 15970 / 16000 / 16030
Support: 15900 / 15850 / 15800
DE30 Sell the resistance.DE30 - Intraday - We look to Sell at 15805 (stop at 15861)
Pivot resistance is at 15815.
Pivot resistance is at 15806.
Short term bias has turned negative.
Preferred trade is to sell into rallies.
Our profit targets will be 15654 and 15634
Resistance: 15770 / 15800 / 15815
Support: 15700 / 15650 / 15600
German Stock Index (Will the Afgan crisis spill over?)View On German Stock Index (17 Aug 2021)
The market is jittery due to the Afghan developments but the monetary polices are still in tact (aka money printing)
The panic and fear shall carry on for the quite some time and it might trigger some profit taking/pullback,
If it happens, it may like to swing down to 15,600.
DYODD, all the best and read the disclaimer too.
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alien
DAX LONG TO 15800After saying goodbye to dax today probably due to the news it seem a recovery is in the making, at least till 15800 in my opinion. Rsi went doooooown
good luck everyone