DAX has seen heavy panic selling throughout much of January so far. Moreover, there has been a marked change in price behaviour with noticeable selling into rallies. China… Read More »DAX Very Oversold, Time For a Rest. Any Bounce Should Be Sold.
DAX has seen heavy panic selling this week. With DAX bumping up its long-term down-trend a sell off was expected. Deteriorating economic conditions, falling corporate… Read More »DAX Panic Sell-Off, Hits Short Term Bottom?
Global stocks stated the New Year with a band. Unfortunately, the wrong kind of bang. For Europe this was the worst start to a new year,… Read More »German Stocks – Worst Start To The New Year Ever
The DAX has seen a mini Santa rally in the run up to Christmas, however it has come to rest at an area of resistance.… Read More »German Stocks – Santa’s Sleigh Hits Turbulence
Santa Rally Yesterday’s price action was very strong with the DAX up nearly 3 and a half percent by mid-day. To put that in… Read More »German equities rally – Santa’s here! But, for how long?
What happened? Oil Collapsed The German Dax saw some very heavy selling over the past week. After posting a spinning candlestick at support it… Read More »German Equities – Heavy Sell Off, Oversold
In yesterday’s post on the DAX I mentioned how price was approaching support at its September high (lower blue dashed trendline on the chart) and… Read More »DAX’s Spinning Top – Small Santa Bounce Coming?