Tag Archives: DAX

The DAX failed to confirm Friday’s positive day reversal plunging instead lower retesting the lows. The drop found however good support for now above 5750.

The DAX confirmed on Friday a positive day reversal after a week of falling prices. Only a daily closing tonight above 6029 will however confirm a s/t bottom supporting higher levels.  The weekly closing was negative but still above the 200 weeks line.

The DAX confirmed a weak closing last night well below the support of the positive outside day. The drop favoured a test of the 200 hours line this morning that we bought as suggested at 5820.

The DAX formed yesterday a positive outside day after finding good support already below 5920. We have now 6150 – 5905 the levels to follow in the coming hours/ session. Only an hourly closing above 6150 will already resume the move up.

The DAX confirmed a negative closing after however confirming good support above the 6000 level.

The DAX confirmed on Friday still a positive closing , however well off the highs of the session and however below the resistance of the inside day that it broke on the upside!!

The DAX confirmed a session of consolidation just below the top of the previous one. It formed a new inside day with 6145 – 5694 the levels to follow in the coming hours.

The DAX confirmed a strong move up yesterday reversing the pressure of the last few days. The daily closing was very strong and  in the monthly chart the DAX managed to confirm the previous month’s closing.

The DAX confirmed yesterday a 5800 overshooting finding good resistance at the resistance line.

The DAX confirmed a strong closing yesterday keeping a small gap up area, 5567- 5532. A daily closing above 5758 will confirm a s/t bottom supporting a larger correction.

The DAX confirmed on Friday a positive day reversal but only a daily closing tonight above 5532 will confirm a s/t bottom supporting higher levels. The weekly closing was instead well weak.