We saw another bullish happiness for Dax. After the initial long, buyers took a lunch break and the price resumed its climb later in the afternoon session. The resistance zone at 12 598 was broken and functioned as a support. Dax formed a new high of the recent past weeks but didn't hold the throne for long. The price then closed the day at 12 624. Important...
We welcome you to this last Dax analysis of the week, month and summer holiday. Thursday's session appeared quite innocent in the first hour of trading. At 9 am, Dax shot firmly upwards and this momentum lasted till noon. At around 4:30 pm, Dax fell lower by some 90 points just to correct this volatile spike even above the initial fall. Important zones...
Yesterday's session drew a nice 'V' shape. The price started to fall towards the support level of 11 561 right from the beginning of the session and this was the area where price marked its intraday low and bounced back upwards. The first support zone laying at 11 678 had little effect. The statistical probability about closing inside the previous day range was...
It is not yet time to Buy but my traningplan for the next bull run is ready. So the only what i can do is wait and trink one, two, three,... bottle of beer. :-) Wish you all a nice Father's Day and who it is not yet, maybe just Beginning today ;-) Greetings from Hannover Stefan Bode
Hello to all watching my charts. Dax moved out from the long channel and is now drifting sideways. In my view no time to act at the moment in long or short direction. On the sownside to short there is support at around 12260 (blue lower line) If it breaks that also its short time in m< view. On the upside the next barrier resistance is 12350 aerea. (blue...