GER40 - Intraday - We look to Sell a break of 13838 (stop at 13931) Our short term bias remains negative. There is no clear indication that the downward move is coming to an end. We look for losses to be extended today. 50 1day EMA is at 13900. A break of the recent low at 13839 should result in a further move lower. Further downside is expected and we...
GER40 - Intraday - We look to Buy at 14302 (stop at 14229) Daily signals are bullish. A lower correction is expected. 20 1day EMA is at 14302. The 1 day moving average should provide support at 14300. We look to buy dips. We look for a temporary move lower. Expect trading to remain mixed and volatile. Our profit targets will be 14488 and 14538...
DAX40 is forming a sell structure on the 4H timeframe.
GER40 - Intraday - We look to Buy at 14271 (stop at 14198) Daily signals are mildly bullish. 20 1day EMA is at 14271. We look to buy dips. Daily momentum has stalled and our bias is now neutral. The 1 day moving average should provide support at 14271. Our profit targets will be 14448 and 14498 Resistance: 14390 / 14450 / 14500 Support: 14300 / 14250 /...
DAX Weekly Volatility Analysis 12-16 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, DOWN from 2.9% last week according to DVOL data With this in mind, currently from ATR point of view we are located in the 24th percentile, while according to VDAX, we are on 8th percentile. Based on this, we can expect that the current...
The DAX as a ZigZag correction . Rules of the ZigZag correction . 1. Wave A must be an impulse or Leading Diagonal Triangle ✅ 2. Wave B must be any corrective pattern (ABC) ✅ 3. Wave b does not correct wave A more than 99% ✅ 4. Wave C must be an impulse or Ending diagonal Triangle ❓ 5. Wave C must be at least 70% of wave B from a price perspective ❓ 6. Wave C...
DAX40 has formed a bearish structure on the 4H timeframe.
DAX has been moving in a strong Falling Wedge this year. Since it broke up and out of it, we've seen the Moving Averages cross and look bullish. 7 >21 >200 My first target remains at the previous high (start of the wedge). Target 16,375
DAX Weekly Volatility Analysis 5-9 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, down from 2.98% last week according to VDAX data With this in mind, currently from ATR point of view we are located in the 1st percentile, while according to VDAX, we are on 1th percentile. Based on this, we can expect that the current...
The German Dax index rose 25% from its lows in early October, delivering nine weeks of gains and outperforming US stock indices. The bullish price action has been rather sharp for a market that had a 27% decline from its top in the first nine months of the year. In November 2022, the Dax saw overbought RSI for the first time in over a year and the index also...
DAX has at the moment two possible scenarios. If we look fundamentally, inflation might peaked, but recession probabilities around the world are still rising. So for me the most likely scenario to happen is the bearish one. Use a solid money management and risk precautions before you enter the market.
DAX Weekly Forecast Analysis 28 Nov-2 Dec 2022 We can see that this week, the current implied volatility is around 3.05% , down from 3.16% from last week. According to ATR calculations, we are currently on the 6th percentile, while with VDAX we are on 1th percentile. Based on this data, we can expect on average, the movement from open to close of the weekly...
Hello my friends, Everything is clear on the chart for you like always. We have a bullish trend and price keeps it but the weakness in the trend is obvious and I expect supply from the resistance zone. So monitor the price's action in the circles. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your...
DAX Volatility Analysis 21-25 Nov 2022 We can see that currently the implied volatility for this week is around 3.08%, raising from 3.07% of last week , according to VDAX data (DAX Volatility Index) With this in mind, currently from ATR point of view we are located in the 1th percentile, while according to VDAX, we are on 4th percentile. Based on this, we can...
market direction ;downtrend htf inside supply zone dax started to go from uptrend to distribution phase on ltf price creating new lows enter at lower high
Hey everyone Was wrong on my previous idea about DAX and was stopped out however I re-entered a short position on Friday and I am expecting the price to retest at lest the previous lows by Christmas. Confirmation would be a deviation and a close below MID- LEVEL Entry Price 14300 with a stop loss about 2% higher which make it a 6R trade if we place our...
DAX Weekly Forecast 14-18 November 2022 Currently the implied volatility for this asset is around 3.22%, down from 3.33% of last week. From volatility percentile, point of view, we are currently on 0.5th from ATR and 17th from VDAX index. With this volatility percentile values into account we can expected on average that the weekly candle is going to be: 1.99%...