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  1. Quick Technical Overview - DAX Index: ranging bearish with the first pivot support level as the target

    by , 01-27-2016 at 05:56 PM
    Weekly price is on bearish market condition for ranging between Central Pivot at 10807 and S1 Pivot support at 9190: the price was on breakdown with the bearish reversal in the beginning of this year by Central Pivot crossing from above to below so the price was fully reversed to the primary ebarish market condition. If the price breaks S1 Pivot at 9190 so the bearish breakdown will be continuing, otherwise - ranging bearish within the levels.

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  2. Quick Technical Overview - DAX Index: bullish along bearish reversal waiting for breakout

    by , 12-31-2015 at 12:42 AM
    Daily price is on bullish market condition to be moved along Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart:

    • Chinkou Span line is located near and below the price indicating the possible breakout in the future,
    • Symmetric triangle pattern was crossed by the price to above for the bullish trend to be continuing,

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    Nearest reversal s/r levels for the daily price ...