empty
02.05.2023 03:36 PM
DAX daily analysis suggests bulls need to be cautious.

This image is no longer relevant

Black lines- bearish RSI divergence

DAX is trading around 15,864 after making a new higher high earlier today at 16,034. DAX index continues trading in a bullish trend making higher highs and higher lows, but the RSI suggests that this up trend is close to an end. The up trend is weakening according to the RSI. The RSI continues providing bearish divergences. The lower highs by the RSI are a warning to bulls. Recent higher low made yesterday at 15,700 is a key short-term support. We are very confident that a break below this level will be the start of a bigger correction and that the DAX index could slide towards 15,000 at least if not lower. The upside potential in DAX is limited and we believe that focusing on trend reversal signals is preferred at current levels.

选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback