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DAX Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 16001.8333 | 16001.1667 | 16004.8333 | 16004.1667 | 16007.8333 | 16007.1667 | 16010.8333 |
| Fibonacci | 16001.1667 | 16002.3127 | 16003.0207 | 16004.1667 | 16005.3127 | 16006.0207 | 16007.1667 |
| Camarilla | 16009.3250 | 16009.0500 | 16008.7750 | 16004.1667 | 16008.7750 | 16009.0500 | 16009.3250 |
| Woodie's | 16004.0000 | 16002.2500 | 16007.0000 | 16005.2500 | 16010.0000 | 16008.2500 | 16013.0000 |
| DeMark's | - | - | 16004.5000 | 16004.0000 | 16007.5000 | - | - |
DAX Latest Updates
The DAX Index rallied a bit on Wednesday but gave back gains yet again as we have multiple days in a row.
The DAX went back and forth on Friday as the markets are digesting a string of recent gains.
The German index gapped a little bit higher at the open on Thursday, but then just went back and forth.
The German market was a bit quiet on Wednesday, but it is obvious that we still are very bullish, so think it is only a matter of time before we continue to go higher.
The DAX Index rallied significantly on Tuesday as we continue to look towards the €16,000 level.
The DAX has pulled back just a bit during the course of the trading session on Thursday but continues to see buyers underneath to push this market to the upside.
The German index has rallied a bit during the trading session on Monday to break above the €15,600 level.
The German index initially pulled back during the trading session on Thursday to reach down towards the previous downtrend line yet again.
The DAX Index was relatively quiet on Tuesday, reaching down towards the 50-day EMA in order to show signs of support.
The DAX Index rallied on Friday to break above the 50-day EMA solidly, and more importantly to break above a major downtrend line.
The DAX rallied on Wednesday to show signs of life again.
The DAX gapped lower to kick off the Monday session, only to go back and forth to show signs of confusion.
The German index has rallied significantly during the course of the trading session on Thursday to reach towards the 15,250 level.
The DAX Index fell initially on Tuesday but found enough support at the 200-day EMA to show signs of life again.
The DAX Index initially plunged on Friday after gapping lower.
The German index has gone back and forth during the course of the trading session on Thursday as we continue to test the major trendline underneath.
The DAX fell rather significantly on Tuesday to reach down towards the 15,225 level.
The German index has rallied significantly during the trading session on Thursday after gapping higher.
The DAX has been absolutely hammered on Monday to kick off the week on the back foot.
The German index has gone back and forth during the course of the trading session on Thursday as we continue to be attracted to the 50 day EMA.