DAX Pivot Points
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The DAX Index rallied on Monday but struggled to stay above the 50-day EMA by the time we closed.
The DAX Index gapped slightly lower at the open on Wednesday, and then broke down below the 50-day EMA.
The DAX Index initially tried to rally on Wednesday but continues to struggle at the €16,000 level.
The DAX Index initially rallied to reach towards the 16,000 level before turning right back around to reach towards the 15,800 level.
The DAX Index gapped higher just a bit on Monday to show signs of strength, but at the end of the day we had to pull back and test the 15,800 level yet again.
The DAX Index rallied a bit on Friday as we continue to see strength, but ultimately, we are simply trying to figure out whether or not we are going to finally launch.
The DAX has fallen a bit during the course of the trading session on Thursday, reaching down below the 15,800 level.
The DAX Index opened with a gap lower early this morning, but the German index remains within its higher value range for interested speculators.
The DAX rallied again on Tuesday to show signs of continuation to the upside.
The DAX has rallied a bit during the course of the trading session on Wednesday as we continue to mumble back and forth just above the 15,800 level.
The German index has broken down a bit, only to find buyers near the 15,800 level, an area that presents significant resistance and potential support.
The DAX Index pulled back just a bit on Wednesday but then turned around to break above the 15,800 level.
The DAX Index rallied a bit during the trading session on Monday but continues to see a lot of trouble right around the 15,800 area.
The DAX initially pulled back ever so slightly during the trading session on Thursday but has seen quite a bit of buying pressure to push the market to the upside.
The DAX Index rallied a bit during the trading session on Wednesday as the 50-day EMA continues to offer a significant amount of support.
The DAX Index initially tried to rally during the trading session on Monday but gave back the gains to turn around and fall rather hard.
The DAX Index fluctuated during the trading session on Friday as it headed into the weekend.
The DAX Index fell initially during the trading session on Wednesday but found enough support near the 50-day EMA to show signs of support again.
The DAX Index fell to kick off the trading session on Monday as we reached towards the previous uptrend line that we have now broken back over.
The DAX Index rallied significantly during the trading session on Friday to recapture the previous uptrend line that had been broken below.