DAX Pivot Points
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At this point, it looks very likely that the DAX will continue to find buyers on dips, just as it had on multiple times previously.
The DAX Index rallied a bit during the trading session on Friday as we continue to see a lot of bullish pressure.
The DAX Index has traded slightly lower the past day-and-a-half, but this occurred after new record highs were achieved early in the week.
This is a market that is in a bullish trend, but it is obviously very volatile.
The DAX Index pulled back a bit during the trading session on Monday as the 15,500 level continues to show significant selling pressure.
The DAX Index has opened with a small dip downwards in early trading today, but this move follows a rather strong bullish trend which continues to exert itself.
The DAX has pulled back just a bit during the course of the trading session on Thursday but found buyers underneath to pick up pieces of momentum.
We did bounce just a bit from the lows of the day, so it is likely that we will continue to go much higher.
The DAX Index initially rallied during the trading session on Tuesday as the German Ifo numbers came out at higher-than-anticipated levels.
The DAX Index had a strong day on Friday to close out the week, as we gapped higher to kick off the session and then reached towards the crucial 15,500 level.
The DAX gapped lower to kick off the trading session on Wednesday to show signs of weakness as risk appetite around the world got absolutely crushed.
The DAX Index was slightly positive during the trading session on Monday as traders came back to work, and it looks as if it is going to continue to threaten the 15,500 level.
The German index rallied during the trading session on Friday, after a gapped higher to open the day.
The DAX fell significantly to kick off the trading session on Thursday, perhaps in response to the inflation driven fears in America during the Wednesday session.
The DAX Index went back and forth during the trading session on Wednesday, as we have tested the 15,000 level yet again.
The DAX fell initially during the course of the trading session to reach down towards the 15,000 level, an area that has been important more than once.
The DAX Index rallied during the trading session on Friday as we continue to recover from the massive dip that we had earlier in the week.
The DAX went back and forth during the trading session on Thursday as we continue to see a lot of sideways volatility.
The DAX gapped higher to kick off the trading session on Wednesday, and then broke well above the 15,000 level to show signs of strength.
The DAX Index fell rather hard during the trading session on Tuesday to break down below the crucial 15,000 level.