Tag: #DAX
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Has the DAX Reached Its Limit? A Chart Breakdown
Hello, everyone! This week, we’re diving into the DAX and its long-term trends. Looking at the quarterly chart, each candle represents three months, giving us a broad perspective all the way back to 1980. The trend is clear—DAX has been moving within a well-defined channel, respecting key support and resistance levels. The green shaded area…
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Bullish Dax
This week, we turn our attention to the German stock market index, the DAX. Since hitting its October low last year, the DAX has risen by 30%, showing impressive strength similar to other global indices. This upward move is particularly fascinating given Germany’s relatively weak economic environment. Despite the challenges, the DAX has managed a…