The Dax left the short-term downtrend middle of October.  The reduced economic growth outlook has currently not led to a further sell off. Supply chain problems and a looming risk of stagflation will continue to concern markets. The medium term …

20211031 – Dax in short term upward trend Read more »

After a false breakout to the bottom on 04.05.2021 the Dax recovered again and attempted to break above 15’540 points. Despite the long-term trend still being bullish, the medium-term and short-term trends look rather sideways. The sideways channel being between …

20210524 – Dax attempting to break 15’540 again Read more »

The Dax Index fell back to the first support at 12’780 last week. Now situated just above the recent upward-trendline, in the next days it will be crusial to defent the current level and not fall below. Otherwise the support …

20200727- Dax is consolidating at the uptrend Read more »