About DAX Index
ISIN
DE0008469008
The German stock index DAX 40 (GER40) was introduced under "DAX" on July, 1st in 1988 by the Frankfurt Stock Exchange. It consists of the 40 largest companies listed on the Frankfurt Stock Exchange based on the market capitalization and liquidity. The trading hours for the Frankfurt Stock Exchange take place from 9:00 a.m. to 5:30 p.m. CET. The DAX40 is usually reported as a performance index, which means that the dividends of the companies are reinvested.
combined result of +0.29Here I will document my trades to keep track of them and ask you to comment.
The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail.
At the moment I have a combined result of +0.29. That triggers a signal long.
Signal +0.29
DAX
Huge H&S on the DAXYou can clearly see a small H&S pattern emerging within a major one, with the distance of from the base of the major H&S to it's heading taking my projection to the support last seen in Mar 23'.
Seeing similar patterns amongst a few indexes and with the VIX at such lows, I'm taking a punt.
combined result of -0.55Here I will document my trades to keep track of them and ask you to comment.
The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail.
At the moment I have a combined result of -0.55. That triggers a signal short.
Signal -0.55
D
combined result of -0.63Here I will document my trades to keep track of them and ask you to comment.
The trades are based on a spreadsheet that combines common trading approaches. In the next posts I will explain them in detail.
At the moment I have a combined result of -0.63. That triggers a signal short.
Signal -0.63
DA
DAX Bearish Bias! Sell!
Hello,Traders!
DAX looks bearish because
The index is now retesting
A broken key level of 15,500
Which is now a resistance
So I think that we will see
A further move down
Sell!
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✅DAX WILL GO DOWN|SHORT🔥
✅DAX made a retest of
The broken key level
Of 15,530 which is now
A resistance and made a
Pullback so I will be expecting
A further move down
SHORT🔥
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DAX about to start its final leg up?What do we got here since the 2022 low? Right PA holding above 4.236 with actually already having triggered final target around 8.236.
Recent PA could be seen as a broadening wedge - typical for a wave 4 corrective pattern.
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German stock market index in the monthly time frameThere is a negative divergence in the chart
It is likely that the stock market and the German economy will enter a recession or even a crisis
DAX to 18000DAX is forming a large Diagonal. 3rd wave, ABC formation, wave C seems started after expanding triangle, wave B, completed by the last wave Ⓔ truncated.
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