DAX on the 1W time frame is technically bullish (RSI = 64.556, MACD = 451.600, ADX = 57.699) having avoided a 1W Death Cross as the 1W MA50 is diverging again from the 1W MA200.
Every time it avoided a 1W Death Cross since 2012 while the 1D MA100 crossed above the 1W MA50, DAX has always pulled back to at least the 1W MA50 (three cases out of the four even hit the 1W MA200). The 1W MA50 is at the moment at 13,866. Due to the circumstances we see a softer landing on the 1D MA100 however, which is at 14,315 but rising every day rapidly.
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Every time it avoided a 1W Death Cross since 2012 while the 1D MA100 crossed above the 1W MA50, DAX has always pulled back to at least the 1W MA50 (three cases out of the four even hit the 1W MA200). The 1W MA50 is at the moment at 13,866. Due to the circumstances we see a softer landing on the 1D MA100 however, which is at 14,315 but rising every day rapidly.
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## Comments and likes are greatly appreciated. ##
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.