Dax key to direction is Fibonacci support at 12085/075. A strong bounce possible again but longs need stops below 12030. Further losses target the March low and good support at 11880/850 which may ...
the German DAX 30 index made a double top pattern and is extending a bearish retracement within potential wave 4 (green). The DAX 30 is expected to make a pullback towards the Fibonacci retracement ...
The FTSE 100 has started to show signs of life again, with the recent retracement seemingly over after we touched and rebounded off the 61.8% Fibonacci support level at 7352. That points towards the ...
Let’s start with the DAX, the index managed to finally destroy the 38.2% Fibonacci level. The price seems to be on the right track to cover the gap formed at the beginning of March. First, it must ...
Sector & Thematic ETFs: Rotations, Megatrends and How to Play Them The DAX 30 index could build a wave 4 (dark red) retracement back to the Fibonacci support levels of wave 4 vs 3 if price manages to ...