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DAX – unused opportunities like to take revenge

Last week in the stock markets began with a strong increase, while the bulls became breathless with time. As a result, we saw a spike turn into ever greater disappointment and a bull-trap on many major indices. One of the examples is the DAX, where buyers undertook to cross the resistance zone in the area

By |2020-07-27T14:25:44+01:00July 27th, 2020|Categories: Analysis and recommendations|Tags: , , , |0 Comments

DAX – you can look in the direction of 11300 points.

Since the beginning of this week, the bulls have been trying to get out of the weekly consolidation, built under resistance from the daily chart under 12450 points. I marked the previous places of reaction of the sellers with red arrows. The bulls were closest to success yesterday, but instead of continuing the upward movement,

By |2020-06-24T09:45:29+01:00June 24th, 2020|Categories: Analysis and recommendations|Tags: , , |0 Comments

DAX increases can only be a correction

Yesterday in the stock markets was very successful for the bulls. Increases did not miss the trading floor in Germany. It is worth realizing, however, that last week's drop left negative technical consequences. As you can see in the graph above, the area marked in red gave buyers a lot of trouble before. This is

By |2020-06-16T10:31:56+01:00June 16th, 2020|Categories: Analysis and recommendations|Tags: , , , |0 Comments