DAX Trading The Bullish Sequence To Target 15500In this update we review the recent price action in the German DAX futures contract and identify the next high proabbility trading opportunity and price objectives to target01:10by Tickmill114
FDAX UpdateES1! RSI bounced off the oversold condition, but FDAX is not oversold yet. Good chance that it goes down to the old support line before bouncing. Good chance that tomorrow winds up being a whipsaw day if it plays out like the way I expect it to. by hungry_hippo117
Dax 4 hour =double top pattern,,,, pull back to 14800 possible for sell we are waiting pinbar on daily or 4h chart AC indicator on 4hour going to signal sell ( if high not break in 14750 I will buy and hold it 30 day to 15800-16000 good luck ALERT=trade Dax and other index need minimum 5 year practice on demo Shortby ramin_trader2006337
DAX Futures ( FDAX1! ), Daily Potential for Bullish continuationTitle: DAX Futures ( FDAX1! ), Daily Potential for Bullish continuation Type: Bullish continuation Resistance: 16274 Pivot: 13943 Support: 11829 Preferred case: Looking at the Daily chart, my overall bias for FDAX1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 16274, where the previous swing high is. Alternative scenario: Price may head back down to retest the pivot at 13943, where the 23.6% Fibonacci line is. Fundamentals: There are no major news.Longby Genesiv111
DAX Pull-back to 4H MA200 likelyThe German stock index (DAX) is showing signs of exhaustion of the 2023 rally, following our strong buy signal last week. The 4H RSI hit and got rejected on the 84.600 Resistance level, which is where a Channel Up started on November 11 2022. The Channel Up made one last High before it broke below the 4H MA50 (blue trend-line) and started a correction (short-term) that hit the 4H MA200 (orange trend-line). As a result, we believe it is worth to start building up sell positions for a medium-term pull-back to the 4H MA200. Keep in mind that the strongest long-term buy is when the 1D RSI approaches its oversold level of 30.000. That could happen, if DAX closes a 1D candle below the 4H MA200, near the bottom of the long-term Channel Up that started in early October. The medium-term target is the 15500 - 15700 Resistance Zone of February and the long-term the All Time High of 16300. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πShortby TradingShot15
FDAX UpdateOverbought on RSI with MFI divergence. Also overbought on daily for both. US market appears to be in a melt up but this scares me. Europe dictates gap direction, might be wise to day trade and buy the morning dips. Not really sure. Hard for me to hold anything overnight when FDAX is overboughtby hungry_hippoUpdated 13135
DAX 4 hour = as i predict in low dax reach 15000i close my buys now and looking for sell now ALERT = daily chart TECHNICAL SAY DAX CAN GO TO 19000 IN 2023 SO BE CAREFUL FROM SELL above green arrow after pinbar apear on 1h or 4h or daily chart we must buy and hold it 10-20 day if you have old sell against my analyse and advice you must hedge them near 148000 good luck ON DAX AC INDICATOR 4HOUR IS VERY VERY IMPORTANT SO MONITOR IT Shortby ramin_trader2006334
FDAX 3hr chartI posted a daily chart earlier, but someone wanted to see a 3hr so here we are. Overbought on 3 hr with MFI divergence. Testing a major resistance just like everything else. It really looks like tomorrow is the make or break day for everything, lol. FYI, I never trade DAX, just use it for gap direction for the US market. It will NOT matter tomorrow though because gap direction will be dictated by CPI and unemployment numbers, not by the Euros.by hungry_hippo227
Are Dax, Nasdaq Close to a New Collapse?EU and US futures are consolidating the gains of the beginning of the month. The exuberance was mainly extinguished by the interventions of two members of the Federal Reserve board. Mary Day of the San Francisco Fed and Raphael Bostic of the Atlanta Fed reiterated that the campaign against inflation is proceeding without hesitation, and the minimum target is a rate above 5%, from the current range of 4.25%-4.50%. This is also supported by Fed Chairman Jerome Powell. The same line is supported in Europe. "Interest rates will still need to rise significantly at a steady pace to reach levels tightening enough to ensure a timely return of inflation to our medium-term target of 2%." This was stated by Isabel Schnabel, a member of the ECB governing council, speaking at a conference organized by the Riksbank on the independence of central banks. Nasdaq 100 Futures, S&P 500 Futures, DAX Futures, FTSE MIB, IBEX 35: As written in previous articles, the indices are exhausting their strength, but are still supported by the rise in Chinese stock markets due to the reopening after so many months of containment of the virus. The recession, which will lead to a drop in profits, is not yet discounted by the markets. Recession Is Coming We will therefore see the real collapse of the market, and we must not be fooled by the increases at the beginning of 2023. EU indices will hold much better than US indices as the ECB is proving more dovish than the Fed. Furthermore, high inflation in the EU is destined to collapse quickly, thanks to the fall in gas prices. The ideal instrument in these cases is the VIX, also known as the fear index, which uses options on the S&P 500 index as underlying, with which it has a negative correlation: if the S&P 500 goes up, the VIX goes down and vice versa. Natural gas As predicted in previous articles, the natural gas crash has arrived. There is a clear difference between the short and long term profile of the market right now. In the long term, the situation is interesting. Europe will need even more LNG to replace Russian volumes next summer as the continent reloads storage. Chinese demand recovers from lockdowns and offsets lower imports from other Asian buyers. In the short term, the situation is negative. The European danger has vanished, with full inventories in the EU thanks to a very low demand for gas, due to anomalous heat, savings at both an industrial and retail level, and the energy transaction underway. In summer, however, the situation could be different, with possible difficulty in filling the inventories. In the USA, demand is low due to the weather and that is creating a domestic excess supply - negative for prices - which adds to the doubts regarding the reopening of some export plants, which have been offline for some time and which contribute to the oversupply. The Freeport factor will be decisive, one of the most important export plants which should reopen next week. Also the weather could continue to be an issue, as cold temperatures do not seem to arrive at the moment. In Area 4, 3.50 I still expect a technical rebound from the gas, with a target of 5. Crude oil Negative start of 2023 for oil prices due to concern from COVID-19 infections in China. While prices will suffer in the short term, the situation is positive in the long run for two reasons. The price cap, although not penalizing for Russia, could lead to an increase in demand for American oil - very positive for prices - and to a collapse in Russian oil production. Chinese demand for oil, held back by COVID-19, will restart in 2023 thanks to the easing of restrictions at the end of 2022. All this is combined with the fact that oil stocks are at their lowest in 20 years, with countries like Russia reporting sharply declining production, a factor that is good for prices as there is a shortage of oil. I remain positive over the long-term with a $85 target. Tesla (NASDAQ:TSLA): Bad period for the stock destined to continue There are problems in China, with lower prices, due to a weakening demand which means lower margins, and competition in Europe with Stellantis NV (NYSE:STLA) is increasingly threatening. Also, Elon Musk is increasingly distracted by Twitter. The statements from Musk, who says that he will leave the post of CEO Twitter once a replacement has been found, were of no use. As written early in 2022, according to my model, the stock was worth $170 and was already very expensive at the beginning of the year. In light of the latest data, I am updating my tesla fair value at $85, a level where I will start thinking about buying the stock. Disclosure: I hold a Buy position in natural gas, VIX, and a US stock with big upside potential. For information on my services and investment strategies, you can write me on my TWShortby Antonio_Ferlito111
FDAX UpdateFDAX daily RSI overbought, 3 hr way overbought Testing resistance line as is ES1! (see daily plot). We'll see if it breaks through or tanks tomorrow.by hungry_hippo116
FDAX UpdateRSI overbought with MFI divergence on the 3 hr chart. Note that it's also close to the resistance zone. Guessing they do a pump and dump tomorrow, not sure which way the US market gaps.by hungry_hippo446
FDAX UpdateOverbought again but starting to look like a melt up Maybe they're happy they aren't freezing to death this winter, lol. Or maybe they like recessions. Europe has less of a reason to rally than the US, so it's all pretty funny. With the central banks killing the commodity trade, I guess they have nowhere else to throw their money. This just goes to show there's still too much money floating around. by hungry_hippo119
FDAX UpdateReaction to Fed minutes starting to look bearish, FDAX is overbought so possible gap down tomorrow.by hungry_hippo118
DAX held the 1D MA50 going for the 9-month Resistance.DAX is on a very strong rebound after holding the 1D MA50 (blue trend-line) as Support, having closed all 1D candles above it since December 20. As mentioned on previous analyses, the target is the 14680 - 14950 Resistance Zone. We are looking to take profits on the first sign of rejection within that zone. Beyond that, we will buy either after a 14950 bullish break-out, i.e. a 1D candle closing above 14950 and target the top (Higher Highs trend-line) of the Channel Up within 15300- 15400. That is located directly below the February Resistance Zone. As long as the 1D MA50 holds, (i.e. candle closing above it), buy on the short-term and target 14680. A closing below the 1D MA50 should take DAX to the 1D MA200 (orange trend-line), located at the bottom (Higher Lows trend-line) of the Channel Up. Keep an eye also on the 1D RSI Buy Zone for medium-term buys. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot12
FDAX UpdateHit overbought and stalled this morning, possible gap down tomorrow. NQ MFI is oversold, but none of the other indices are yet.by hungry_hippo115
DAX futures h4 - shortdax h4 short after fill gap, sl h4 keltner band (20 2,5). tp1 - last close if we bo consolidation - wait for tp2Shortby soyaleUpdated 112
DAX Can dip even lower with the RSI being the keyThe German stock index (DAX) has had a strongly bearish week as it got rejected just below the 14700 June 06 High, inside the greater Resistance Zone that is holding since March 29. As we mentioned last week, this is a much needed technical pull-back following the +24.50% rise since the October 03 Low. The 1D RSI got vastly overbought above 80.000 and it is only natural for the market to seek to normalize these levels. The 1D RSI is now almost at 40.000 but based on the Support Zone (green) that has been holding for over a year, it can dip to 30.000 if not lower before DAX turns into a buy opportunity again long-term. This will most likely be below the 1D MA50 (blue trend-line) with the 1D MA200 (orange trend-line) being the 1st Support and the Higher Lows trend-line the 2nd. ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πby TradingShot225
Reversal DAX Future: Resistance zone and SpreadThe Dax Future is approaching a strong resistance area, which starts around 14600. Additionally, the spread between the next Future ahead and the overnext Future ahead ist strongly bearish. A reversal is expected. Additionally, the RSI is overbought. A target price would be 14000. The resistance area is passed above 14700 points and then a situation gets invalid Thus a P/L ratio of 1:5 would be possible. Next resistance will be already above at around 14900/15000. This isn't any financel advice.Shortby MichiBTC2021Updated 112
FDAX UpdateRSI is already oversold. ES is not though so could be a whipsaw daqy tomorrowby hungry_hippo115
DAX: aiming at the Support below the 4H MA50.The price failed to break above the 4H MA50 (red) and dropped more to a new Low. This is getting closer to our 14,150 short-term target just above the 14,130 Support (formed from the low of November 15th). 4H is now close to oversold territory (RSI = 34.750, MACD = -47.400, ADX = 59.234) so we might see a short term rebound back to the 4H MA50 (14,446.70 and dropping) but with a break below 4,100 we will extend selling to the 4H MA200 (currently at 13,898.60). The 1D RSI remains bullish (57.430) though but we're only willing to buy as of this point if the price breaks above the 14,710 (June 6th 2022 High) Resistance and target the 14,940 (March 29 2022 High) Resistance. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##by InvestingScope5
Dax Testing Key Support In Bullish SequenceIn this update we review the recent price action in the Dax futures contract and identify the next high probability trading pattern and price objectives tot argte00:53by Tickmill113
DAX: Short term outlookDAX continues to slowly but steadily grind higher using the 4H MA50 (14,451) as Pivot. With such neutral 4H technicals (RSI = 50.442, MACD = 15.00, ADX = 16.012), we will engage today in scalping activity within the 4H Bollinger Bands (14,590 - 14,389). A break above 14,650 would be a break-out bullish call targeting 14,710 (June 6th 2022 High) Resistance, while a closing below 14,320, would be a break-out bearish call targeting 14,150. A closing above the 14,710 Resistance would be a bullish break-out signal targeting the 14,940 March 29th 2022 High.by InvestingScope5
FDAX UpdateIndicators are neutral and index is just drifting sideways. Gap direction Monday will depend on pre-market "news", otherwise probably a flat open.by hungry_hippo3