Global-Investa

DAX on the way to a reversal

XETR:DAX   DAX Index
The German leading index DAX seems to be getting more and more stuck in the area around 14,000 points. Should there therefore be another upward impulse before the imminent reversal date on 19 February, this would be an interesting opportunity to start a possible short exposure. Looking at the end of the month, a downward trend towards 13,800 points is more likely. In the event of a possible correction, one should even have levels in the area of 13,400 points on the agenda. There, the index looks well protected for the time being, so that short covering could occur. These in turn should lead to rising prices.

If, contrary to expectations, the DAX is able to establish itself above the 14,000-point mark, the level of 14,500 points remains in the sights of market participants. Above this level, the level of 14,800 points would become interesting.

Note:
Three special analysis methods are used within our trading strategy. Only partial aspects have been published in this article and it represents neither a complete trading system nor investment advice or a recommendation to buy.
Swing Trading – Signale 14 Tage gratis!
https://www.global-investa.com/swing-trading-signale

Die stärksten Aktien in jeder Marktlage.
https://www.global-investa.com/global-supertrend

Web: https://www.global-investa.com/

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out