Dax daily: 22 Jan 2019

Unfortunately, yesterday we did not break the Fridays high even though it had a 83% probability. Support at 11 151 worked at the beginning for about 20 point movement, however, a significant upward movement did not happen. Subsequently, this support worked as a very good resistance at 15:10 CET. Today we are opening with a […]

Dax daily: 21 Jan 2019

Long trend day from the open to close, this describes the Friday session the best. Finally, we reached the main target of 11 142, which we mentioned several times. Today we are opening with a short gap. Important zones Resistance: 11 142, 11 188 Support: 10 913 Statistics for today Probability of 100% closing the […]

Dax daily: 18 Jan 2019

Yesterday’s session was a bit unusual in one way. Wednesday’s high and low were both broken out. This had a probability of 11% only. However, the support zone at 10 819 played out perfect: Today the price opens with an ascending gap sized 23 points. Important zones Resistance: 11 142, 11 188 Support: 10 913 Statistics […]

Dax daily: 17 Jan 2019

Yesterday’s session opened with an ascending gap, which was relatively quickly closed. The next occasion was disappointing for traders who like the volatility. The total intraday range was about 84 points, which is very below average. Today we are opening with a relatively large short gap. Important zones Resistance: 10 929 Support: 10 819, 10 718 […]

Dax daily: 16 Jan 2019

The session yesterday was actually quite interesting. The price development wasn’t that slow and traders were relatively active before Brexit vote. Immediately once the market opened, sellers pushed the price back to the range of the previous day. They closed the gap and attempted another selling, however, buyers stopped them at the support of 10 813. […]