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CFD Update: GER30 set for a breakout?Today's focus GER30 Pattern – Range – diagonal consolidation pattern Possible targets – Upside, 15,985 – 16,160; Downside, 15,718 – 15,530 Support – 15,740 Resistance – 15,965 Hi, and thanks for looking at today's update. Our focus is on the GER30 as price sits in a range but has also formed a wedge/diagonal pattern that could signify movement to come. It's an interesting set-up as even if we see a break of the pattern price still has the range to contend with. US futures are lower, and we are seeing the GER30 lower at this stage, so could we see a move lower today? If so, sellers will need to break support to get a breakout really going. On the other hand, buyers will need to do the same to resistance to get their move going. US Retail Sales could play a part. It’s due today at 10:30 pm AEST (8:30 am EST) Thanks for stopping by. Good trading, and have a great day.
EIGHTCAP:GER30
by Eightcap
DAX H4: Too early for bears to enter? Fed did it again.Bears in Twitter start to ask themselves whether they were all wrong or they were too early to bet against the market after the Fed was hawkish-but-not-too-hawkish in yesterday's meeting. DAX is a heavily automotive, banks and other cyclic assets weighted European index. Europe has performed better than America, but if ECB decides to implement an even more hawkish strategy than that of the Fed, those "better European gains" will vanish relatively soon. That is why, together with the current economic, political and social-unrest context; I am beginning to feel bearish on DAX and CAC. DAX could be shaping a H&S pattern the next days that could end up pretty bad if inflation does not calm down, ECB continues to raise rates and unemployment increases. Therefore, my prediction is that DAX will not reach ATHs and stay around 15580-16250 to drop later on to 11350-13350. Could there be again a Head and Shoulders on its way?
XETR:DAXShort
by alexinve
2
DAX: Further Rise ExpectedThe DAX is in high spirits. Having already risen into the white zone between 15966 and 16127 points, the index is likely to surpass it after a short corrective excursion into the orange area between 15625 and 15805 points. Once it has reached the support at 16295 points, the index might even jump into the second white zone between 16385 and 16545 points. Alternatively, we have provided another scenario which is marked with a probability of 35% in our chart. The index might also fall below the resistance line at 14795 points and thus dive into the magenta colored area between 13805 and 14392 points. However, if it does so, it will soon jump out of the magenta pool, dry itself off and head north again. Happy New Year!
EUREX:FDAX1!Long
by MarketIntel
DAX Index Analysis, Breaking the Resistance Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The DAX index has lost 0.32% after the close on Monday, The market is having a hard time breaking out of the resistance zone from 16024.90 to 16114.41, as we see on the chart after the price has gone up near the 16030.575 the Bears went in right away and showed the Bulls that they still have power in them and a Bearish candle has formed dropping the price to the 15850.270. upcoming Scenarios for the price movement : Scenario 1 : The DAX index is trading at 15925.730 and it's nearing the first resistance line at 16024.90, where the Bulls power will be tested and if they have proven that they still hold control over the trend then we will see a breakout from that resistance zone and the price will most likely be moving up and will be headed near the 16436.49 area. Scenario 2 : After that Bearish candle, The Bears has shown the Bulls that they still have power in them and they could be making a move soon, The drop in price on Monday was 0.32%, This could be a sign that the Bears are ready to make their move, if the Bears were able to hold control over the Market right now then we will be seeing the price dropping near the first Support line at 15935.39 where a battle between the Bulls and the Bears will take place over control of the market, If the Bears were able to win that battle then we will be seeing the price dropping more and could be headed to the Major support area at 15845.88. Technical Indicators showing that : 1) The Market Price is above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign) 2) The MACD is above the 0 line showing that the market is in a Bullish state, with a positive crossover between the MACD line and the Signal Line. 3) The STOCH reached The overbought zone with a negative crossover between %K (82.25) and %D (89.52). Which could indicate a small drop in price. 4) The RSI is at 61.48 showing great Strength in the market, With no divergences between the indicator and the market. Support & Resistance points : support Resistance 1) 15935.39 1) 16024.90 2) 15774.37 2) 16105.43 3) 15571.29 3) 16233.41 Fundamental point of view : Germany stocks were lower after the close on Monday, as losses in the Consumer & Cyclical, Transportation & Logistics and Industrials sectors led shares lower. At the close in Frankfurt, the DAX lost 0.32%, while the MDAX index fell 0.54%, and the TecDAX index lost 0.12%. The DAX volatility index, which measures the implied volatility of DAX options, was up 12.13% to 18.02. The best performers of the session on the DAX were E.ON SE (DE:EONGn), which rose 1.39% or 0.150 points to trade at 10.940 at the close. Meanwhile, Linde PLC (DE:LINI) added 1.19% or 3.100 points to end at 264.250 and Merck KGaA (DE:MRCG) was up 0.75% or 1.47 points to 196.40 in late trade. The worst performers of the session were Volkswagen AG VZO O.N. (DE:VOWG_p), which fell 2.14% or 4.45 points to trade at 203.05 at the close. Henkel & Co KGaA AG Pref (DE:HNKG_p) declined 2.12% or 1.82 points to end at 84.06 and Bayerische Motoren Werke AG (DE:BMWG) was down 1.91% or 1.585 points to 81.495. According to Investing This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
XETR:DAXLong
by GabiDahduh
Dax index 4hour & weekly trend analysis Hello everyone , as we all know the market action discounts everything :) a short video where we look at the 4H & 1W chart trying to understand the market and the direction of the trend . Starting with the 4H chart ,the trend seems to be bearish after the price dropping from an all high, This break higher has left behind the sideways trend from the last few weeks ,the price does seem to be moving in a ascending triangle pattern, the 4 hour trend seems to be going in a bearish kind of way but the major trend does remain bullish . indicators showing us that bearish movement where we see : 1_The market price moving below the MA and the EMA (bearish sign) where MA at 15658.040 and EMA at 15626.054 and the market price at 15540.310 2_MACD still remains bearish after a negative crossover between the MACD and the Market price 3_Stoch RSI sitting in oversold area (bearish sign) Support & Resistance points : support Resistance 1_ 15505.99 1_15663.29 2_ 15445.82 2_15760.42 3_ 15348.69 3_15820.59 Now lets look at the 1W chart and see what's the market state , using the Elliot Wave theory we could be seeing a small corrective move after that the market will probably continue his uptrend , the major trend does seem to be bullish with no signs of a reversal to be found on the chart , if the uptrend continues we could be seeing the DAX Index hitting the 16000 zone. indicators confirming the uptrend of the market where we see : 1_The Market price trending above the 21MA and the 21EMA (bullish sign) where MA at 15185.248 and EMA at 15139.265 and The market price at 15540.310 . 2_Average Directional Movement Index (ADX) & DI showing that the market is in a trending phase at 27.296.with a bullish crossover between the DI+(20.191) and DI-(13.962) 3_RSI showing strength in the market sitting at 63.71 with no divergences. Support & Resistance points : support Resistance 1_ 15428.12 1_15716.76 2_ 15168.31 2_15810.41 3_ 15031.27 3_15962.02 Make sure to Follow and Like for more content This is my personal opinion done with technical analysis of the market price , not financial advice. If you have any questions please ask Thank you for reading.
XETR:DAX
by GabiDahduh
6
#DAX - Comming Trendchanging? June 19, 2020 #GRXEUR #DAX30Back from my two-day training seminar (trading/investing) and a big applause to the eager participants. It was a lot of fun again, even if it was certainly a lot of input for you and the heads smoked. You are perfect and you will rock the show in the next months and years. But now - Mr. Dax. There are signs of a possible trend reversal and I want to be prepared for it. After 3 months of upward movement, trend is tiring at the moment. If a reversal is established, then there could be a next downmove. Ideally, we still have some time to position ourselves and to wait for the weekly closing and hopefully the month/quarter closing candle next week. Nevertheless I need a tradingplan. Currently still on sideline but always be ready to enter the market. Greetings from Hannover, Stefan Bode
FOREXCOM:GER40
by StefanBode
3
#DAX - June 19, 2020 #DAX30 #GRXEURToday's triple witching day can be volatile, so here are my variations. If Dax no longer reach 12,486, I still expect another downward movement. Bearish price targets would be at 11,763 points and 11,305 points. Therefore, 12.486 should be seen as a StopLoss mark. My goal is to set SL on entry point because a reversal of the trend could also take place in the area of 12.208 and 12.095 points. There is no free lunch, at least at the stock market. Have a good trading day and a nice weekend Greetings from Hanover, Lower Saxony Stefan Bode
FOREXCOM:GER40Short
by StefanBode
1
#dax - Last Time Five Figures #dax30 #grxeurA last high would be possible before the light is turned off. But I am already short. If the economy is not successively boosted next week, the DAX will not recover this DECADE!!! Then it really doesn't matter whether 0.37 percent (German Heinsberg study) or 1.98 percent of those infected with corona (Bill Gates sponsored Johns Hopkins projection) die, because then the economic system is threatened with collapse and the mortality of the entire population increases and the life expectancy of the whole people decreases, because there is no longer any security of supply. It must be prevented with all forces the agenda of Bill Gates & Co. that the world population is reduced by his personal desired goal of 10-15 percent. That is genocide with an announcement (Hitler, Lenin, Stalin, MaoTseTung,... send greetings) and later humanity will be able to reduce its population with its vaccinations as in India, Kenya, Mexico, Tanzania, Cameroon, ... with paralysis, infertility or even death. But hey, with ID2020 you will have the proof that you are vaccinated and then you can still participate in the economic life with your implanted digital account. These are sick people and these sick people have to be stopped, because they want to implement the Revelation of John 13:16-18! "16 The small and the great, the rich and the poor, the free and the slaves, all of them were forced to have a mark placed on their right hand or forehead. 17 Only those who carried the mark could buy or sell: the name of the beast or the number of his name. 18 Here is wisdom. They who has understanding, calculate the numerical value of the beast. For it is the number of a man's name; his number is six hundred sixtysix.
FOREXCOM:GER40Short
by StefanBode
1
DAX analysis for 3.4.2020Good morning, traders! yesterday we were expecting some drop on EUREX:FDAX1! , the price was very lazy in the morning but eventually we got about 220 pips drop. Nevertheless sellers were not strong enough to break yesterday's low and the price came back up. The day closed as an inside day to the previous one. What does that tell us? There were no new information in the market yesterday which would move the price in any direction. Therefor today the same prediction is still valid. We are aiming for short unless the key rezistence of Wednesday's high is broken. If that happens, we stay in range and can start to look for long opportunities. Have a nice Friday and trade with patience. FINEIGHT team
EUREX:FDAX1!Short
by Fineight
#dax30 - No "Endsieg" there! #dax #grxeurWatch out for sarcasm! There shall be no relaxation of the Corona regime before 20.04.20. That the German leadership has chosen the 20.04. as the date to make further decisions is quite astonishing. Do the fake democrats from the Berlin Democratorship want to announce the bank holidays and currency reform to the digital Euro for the "Führers" birthday? I thought this date would have been forbidden in the FRGermany and removed from the calendar long ago, since not even car license plates with the initials of me and my wife, (in Hannover), with H - SA are issued anymore. There the mentally lost but political "elite" made a mistake. Let's see how long the sleeping sheep can be taken for fools before you realize that the biggest robbery in history is taking place and all your savings and retirement are being robbed? Will the "German Michel" notice something or will he let himself be fooled again by incompetent "Führer"? What do you think?
FOREXCOM:GER40Short
by StefanBode
5
#dax - Next shortidea #dax30 #grxeurYou like the idea? Then thumbs up and like + comment. You don't like it? Then thumbs up and the criticism in the comments. If you are not short yet, you can go short now. But if you are already short, you can also pyramidize. For the last opinion, the stop of Trade 1 on deuce, so that no more money is lost on this trade. Then type in Trade 2 and it would still have a CRV of 6.3 to 1. Total risk would be 1% of the portfolio but the chance of trade 1 would remain at 8.1% portfolio growth and that of trade 2 at 6.3%. Together this gives a 14.4% portfolio growth chance with 1% risk. Greeting Stefan Bode
FOREXCOM:GER40Short
by StefanBode
2
#dax30 - Crisis till Q.4/2020 - #grxeurAt the time level of the Dax, the correction will end at the end of July 2020 at the earliest, or a temporary correction high could be formed there. I do not expect the low of the movement until the turn of the month at the beginning of Nov. 2020. 7,400 Daxpoints would be an ideal target. Currently, the Dax is at the 38.2 retracement zone of the upward movement that has been underway since March 2009. However, long-term investments should only be made after the US election. Depending on the election results in the USA, but then also predominantly in the US sector, because that is the most liquid stock market.
FOREXCOM:GER40
by StefanBode
2
#DAX30 - It will fall again?!👍👍👍 Thumbs up + Like it 👍👍👍 Will the Dax fall straight to 61.8 at just under 7,400 Daxpoints or will the Dax take the indirect route to 11,000 points before the next sale starts to 7,400 points? Either way, I can't see much positive in the DAX at the moment. If Easter does not announce the end of the flu panic-mongering, then everyone will save themselves and their loved ones! Only where to leave/emerge, because the option of the Hessian Finance Minister is definitely not available as a solution. How do you see that? Are such private thoughts appropriate for the euro area? Can the german people be calmed again by a video message from Angela Merkel? Greetings from Hannover Stefan Bode
FOREXCOM:GER40Short
by StefanBode
DAX | Bull Case Scenario confirmedIn previous post I wrote about the channel movement of DAX and the various positive signs that appeared in the chart. Today, price once again broke out the area of EMA20 but in this time DAX tested succesfully the MA200 confirming in that way the bullish trend. An increase in Volume during the uptrend is a key factor and we should take into consideration the rise of RSI above its MA12 and in 70 area points. Next crucial point to see if this bullish movement is meant to be continued, is the Resistance of 13 March in 10000 area.
FX:GER30
by Varonos