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Daxforecast

Does DAX afraid of the second wave of the pandemic?The index broke the short-term rising channel, with the rise of the second wave sounds in Europe. Although countries do not want to close their economies, this risk seems to exist for investors. In this case, in the positive scenarios for the index, the pre-pandemic peak may be the bullish target, whereas, in the fall, it can return to the fib 0,618 level it passes quickly. Only personal opinions and ideas. Does not include "Legal Investment Advice"...
XETR:DAX
by EmoteK
#DAX ANALYSIS.. LONG TERM BEAR RUN.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show.. What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
XETR:DAXShort
by OguzhanSengor
#DAX ANALYSIS.. In my analysis that I published earlier, I frequently emphasized the possibility of seeing a strong sales wave in the markets on a global scale, in this context, I think that there can be a structure in #DAX index as I mentioned in the chart.. The chart is weekly, it should be followed in the long run; Price movements in time may not correspond exactly as I have stated on the chart, but in the future, if #DAX cannot provide permanence above the trend line I have indicated with black dashed line, I think it is important to follow the pattern in question.. You can find important points on the chart in the long run.. Let's see what time will show.. What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
XETR:DAXShort
by OguzhanSengor
Dax 30 : 10250-10900 Range indicates next phase sell off to 79xxDax continues to trade inside the short term rectangular range (10250-10900) ,11000 area remains as the major resistance which is also the 50% Fib retracement level (13820 - 7965 sell off) .Price got squeezed inside the major EMA - Fib levels since a month backed by the Q1 earnings numbers + ECB's comments on the strong intervention to support the economy,though the decision is still being questioned by the court and demanded a justification . We have Banks and major Q1 earnings numbers upcoming + the German GDP to be out on Friday (negative forecast of course) . There might be volatile upside movements to the 11000 handle this week but breaking the resistance is unlikely ,eventually one more time a test to 7950-7750 level (in couple of months) is what i am expecting before any strong rally . Trend : Range ( 10250-10900) Resistance : 11000 Supports : 10250 (Short term Range bottom)
XETR:DAXShort
by Alremeithi