DAX index week chart

INDEX:DAX   DAX Stock Index
44 0 1
Since mid Jun 2011 an uptrend of the weekly DAX index             is nicely enclosed within an Andrews Pitchfork . As from Jun 2014 there is some turbulence in the trend but the Pitchfork remains intact so far. The latter can be explained as the 4th leg of an EW starting in 2011. Based on a calculation length of leg 3 times 0.62, the final 5 leg indicate a top at around 11000.
A positive indication of continuation of the upward trend is indicated in positive breakout of the RSI and positive divergence of the MACD .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out