Trend perspective and probability: downward DAX 60%
So far, the DAX is still weak and already noted within the Ichimoku cloud in the daily-type and broke out the 10 and 50aema at 24.115 and 24.030 points downwards. This generated two further weak signals in the DAX, but the breakthrough under the Ichimoku cloud in the daily type is still pending, the lower limitation of which runs at 23,830 points. As long as the DAX stays under the 10-Sema, the Ichimoku cloud can be expected with more falling notations and a breakthrough. If the DAX can run up again sustainably over the 10 Sema, a new climb would be expected to resist 24,500 points.
It should also be noted that the Market Crash Indicator, for the first time since 2020, is alarm again. The Market Crash Indicator, a signal provider based on the ratio of 30-year-olds to 2-year-old US state bonds (Treasury Bonds), had already alarm before the significant price declines 1990, 1998, 2002, 2007 and 2020. There are no important quarterly figures on Monday, but the Chinese electric car manufacturer BYD will publish its monthly sales figures. In the United States, the stock exchanges are closed on Monday, the next regular trading day is Tuesday, September 2nd, 2025.
Commercial opportunities
After the long sideways movement, the DAX broke out under the massive resistance by 24,500 points from the triangular formation in the daily type and also fell under the important 10 and 50s. If there is also a course slip from the Ichimoku cloud, a long-term sales signal would be generated.
Resistance: 24.050 / 24.200/250 / 24,500 points
Supports: 23,830 / 23,400/23,000 points
Product selection
More information about the DAX is available in the Morning Call this morning here: