[Belgrade Bobby]

DAX – Ger30

The close above 22.530 signals another attempt Up is on its way – Monday – Said that on Friday…but did not expect what happened at the end.

However, very strong fundamental factors overwrites it all – EU decision to arm to the teeth  and mostly from local sources means that the whole Industry will get a big boost now – everyone in the chain of armaments production will enjoy it.

This is not just a temporary move, but something that will lead overall industrial development in Europe.

As for the DAX, new target is set up – 24.150

Support is at 22.950 & 22.450

[Belgrade Bobby]

DAX – Ger 30

The close above 22.530 signals another attempt Up is on its way – Monday

22.730 important Resistance waiting up there.

Support at 22.500 & 22.350

I cannot see it reaching the new high, but maybe till that resistance and then down again.

[Belgrade Bobby]

DAX – GER 30

Resistances: 22.600 & 22.850

Supports: 22.400 & 22.240

Dax couldn’t reach stops above previous high – failed miserably short of it.

If 22.400 lost, this is going to be full blown correction and not just dip before Up.

 

[Belgrade Bobby]

DAX – GER 30

Previously:

As long as above 22.150 DAX can Rally again and suddenly.

And Rally it did…

Previous high at 22.935 is a natural resistance – one that if taken out might provide enough stops for a further rally .

Now I would like to share one possible scenario with you:

Stops above previous high taken out, new high reached…and…sharp move down.

Not only possible, but probable…so we’ll see 😀

[Belgrade Bobby]

DAX – GER 30 – 4H

Supports: 22.330, 22.235 & 22.150

Resistances: 22.575, 22.625 & 22.935

As long as above 22.150 DAX can Rally again and suddenly.

[Belgrade Bobby]

DAX – GER 30

Resistance just above the head – 22.550

Won’t mean much if DAX is not able to break above it, find footing and conquer next one at 22.650

Personally, I expect a move up, followed by another test of support at around 22.200

After all DAX is Not Gold…far cry from it 😀

[Belgrade Bobby]

DAX – GER 30

Correction phase.

Resistance at: 22.515 & 22.650

Supports at : 22.250 & 21.125

Dax has enough space for even prolonged correction, and even if 21.125 lost, it stays Bullish on the big picture.

[Belgrade Bobby]

DAX – GER 30

Dax is trying to find a support just above the Major trendline at 22.125

Resistance for today is at 22.515.

German elections are done, all fine and dandy ( or it is what the mainstream media wants you to believe…) so we are strictly technical right now.

I prefer more consolidation before we can expect DAX to renew it’s strength.

[GVI Forex 2]

 

US OPEN

US futures gain, and the DAX 40 outperforms as CDU/CSU wins the German election

Good morning USA traders, hope your day is off to a great start! Here are the top 4 things you need to know for today’s market.

4 Things You Need to Know

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.

Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists,

Gilts await BoE speak.

Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.

Try Newsquawk for 7 Days Free

[Belgrade Bobby]

DAX – GER30

DAX in a retracement, going for a Support at 22.115

Resistances at 22.650 & 22.800

[Adam Global]

Dax took a dash

Break down hard

Breaking the trendline

Breaking moving average

[Belgrade Bobby]

DAX – GER 30 – Intraday 4h

22.675 Resistance

22.415 & 22.115 Support

[GVI Forex 2]

NAS100 4 HOUR CHART – record high loom

Consolidating below a tough 22225 level but keeps a bid while above 22000.

On the downside, 21935 is the key level across time frames

[Belgrade Bobby]

DAX – GER 30

Dax broke marginally the support at 22.450 ( closed at 22.433.63) and based on severity of the drop ( I mentioned that possibility – Savage profit taking) , now the level below that is waiting is at 22.100

I am not expecting it to go straight down, but more of a tug of war game…

So stay put and unless we see a pattern forming for possible continuation UP ( and if it happens I’ll see it before it happens 🙂 , expect a change of the trend.

 

[GVI Forex 2]

GER30 4 HOUR CHART – CLOSE BUT NO 23000

The old up like an escalator, down by an elevator day.

Pay attention to Bobby

As he posted earlier

Dax hit the new high at 22.935 – close enough to 23K – is it the time to correct a bit?

DAX correction likely weighing on the EURUSD

[Belgrade Bobby]

DAX – GER 30

Dax hit the new high at 22.935 – close enough to 23K – is it the time to correct a bit?

Supports : 22.450 & 22.100

For me more important question is : correction will go till 22.100 or all the way to 21.445…

[GVI Forex 2]

Using my platform as a HEATMAP

Mixed USD, new record high for GOLD

EURUSD soft below 1.0450, EUR weak on crosses (e.g. vs  JPY,GBP)

USDJPY failed again above 152 but downside so far contained…US bond yields tick higher again

Highlights;

Trump vows 25% tariffs on imported cars, pharmaceuticals, semiconductor chips… deadline April 2

UK inflation hotter than expected

Trump push for Ukraine peace deal, tariffs unsettles Europe but DAX unfazed

[Adam Global]

Dax is back after taking a dip on 22750

but now 23000.00 is expected to hit 2mrw morning

Hopefully I’ll hit my Tp

[GVI Forex 2]

It looks like winding down the Ukraine War will not be a slam dunk.. watch the EUR and DAX for clues.

[Belgrade Bobby]

DAX – GER 30 1h Chart

Dax hit a marginally higher high, so now watch 22.795 if it’s going to hold for more.

If it does hold, 23K is in vicinity.

Uptrend angle is slowly becoming kind of blunt…