TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though these enterprises are of a high economic importance, their market capitalization and the book order turnover are far below of that of the DAX index. The TecDAX is related to DAX in a similar way […]
DAX Keep Finding Buyers in 3,7,11 Swings
Hello fellow traders. DAX is one of the instruments that has been giving us a lot of good trades recently. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website. As our members know, we’ve been calling rally in DAX […]
DAX Reacting Higher Once Again From Blue Box Area
In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of DAX In which our members took advantage of the blue box areas.
Elliott Wave View: DAX Resumes Rally Higher
DAX ended correction from 8/12 high at the blue box area. From there, Index has resumed rally. While above 8/21 low, expect Index to resume higher.
$DAX Found Buyers After Elliott Wave Zig Zag Pattern
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website. As our members know, we’ve been calling rally in DAX within the cycle from the March low. Recently DAX made pull back that has unfolded as Elliott […]
Elliott Wave View: DAX Finds Support after Pullback
DAX ended the cycle from July 21 high at blue box. From there, DAX has turned higher. While above July 30 low, expect dips in 3,7,11 swings to find support.