FDAX UpdateJust hit oversold.
Guessing tomorrow is a reversal day, regardless of which way the market gaps
Dax shortif the support (in blue) does not hold, we should see price quickly towards next yellow support....
FDAX UpdateLooks like it hits overbought on RSI and MFI tomorrow.
Just warning you guys because it could roll over tomorrow morning before the US market opens.
DAX will make a push upEveryone thinks that the DAX will make new lows today.
However, the German benchmark index tends to feint at the top and break out at the bottom, and vice versa.
Therefore, it can be assumed that the DAX will once again ignite upwards before it comes to a further downward movement.
This long opportu
#DAX #DE40 Targeting An Equality TestIn this update we review the recent price action in the German Dax and identify the next high probability trading opportunity and price objectives to target
PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
DAX: Bounced🦘The German Dax index bounced off its support at 15 559 points. As a result, it could not yet sustainably dive into our turquoise target zone between 15 528 and 14 313 points. However, we locate the low of the turquoise wave 4 in this zone and expect a new attempt to fall below the support. Only foll
DAX Intraday Levels & ScenariosYesterday at the same level where we are now, sellers showed up, but they didn't create new low. This means they are not strong as they were in previous week so I expect uncertain session or testing higher levels. Bearish scenario should be confirmed by getting out below yesterday's Value Area.
DAX Weekly Prep 21-26 Aug.Previous week was really bearish as I expected. There is still possibility to continue this type of distribution, but 15430 is important level from yearly timeframe so sellers may some reasons to cover shorts. I do not expect strong reversal but I will be ready for evetything as always !
Every level
DAX Intraday Levels & ScenariosBears leading the market but very slow and "choppy" . There is still space to fall. I will look for shorts under red area or under green area.
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