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The DAX Index initially dipped during the trading session on Tuesday but found enough support underneath the 14,000 level to turn things around.
The DAX is struggling just above the 14,000 level heading into the weekend, as we are testing the highs yet again.
The German index has initially pulled back during the trading session on Thursday but continues to see bullish pressure, perhaps due to the fact that the Euro is losing strength.
Traders once again brush-off disappointing German economic data and pressure for new all-time highs in the DAX 30.
The DAX rallied again during the trading session on Tuesday to reach towards the 13,850 level.
The DAX Index bounced during the trading session on Monday after initially gapping lower.
The DAX Index fell during the trading session on Friday to reach down below the 50-day EMA again, and also to test the uptrend line that is currently sitting just below.
DAX Index: Swift and Choppy Values Have Challenged Traders
The German index has struggled a bit during the trading session here on Wednesday to reach down towards the 50 day EMA.
The DAX Index has traversed a fairly middling range the past few days of trading, and speculators with short-term perceptions need to remain focused on technical charts.
The DAX index initially gapped higher to kick off the trading session on Tuesday only to turn around and fall to fill that gap and reach towards the 50-day EMA underneath.
The German Business Climate Index numbers came out during the trading session on Monday, a bit lighter than anticipated.
The DAX Index, like its major counterparts globally, continues to trade within the upper echelons of its value, but experienced a rather cautious trend line as investors appear to wait for the next dose of major impetus.
The German index initially pulled back a bit during the trading session on Wednesday but then turned around to form a slightly bullish candlestick.
Even though the ZEW numbers for the month were better than anticipated, the reality is that the DAX Index was somewhat choppy during the trading session on Tuesday.
The DAX Index has delivered a barrage of short-term volatility, but today’s trading may prove to actually be rather cautious.
The German index went back and forth during the trading session on Thursday as we hover above what was once significant resistance in the form of the 13,825 level.
The DAX Index remains within shouting distance of record highs recently achieved and, in early trading this morning, has been able to create gains.
The DAX Index initially fell during trading on Tuesday as we crashed into the 13,825 level.
The DAX Index pulled back a bit during the trading session on Monday as traders came back to work.