Movement urgently wanted

From a chart -technical point of view, the DAX® started with a remarkable candle in September. Finally, the dynamic sales candle of September 2 set the guardrails for the trade activity of all (previously) following trading days. In other words, the stock barometer for nine days has been pausing within the high-deep range at that time. Also at the risk of repeating ourselves: Against this background, the DAX® is currently having a decent motion potential. The latter also document the strongly narrowed Bollinger tapes based on a week. In the past, all the phenomena mentioned have often been harbing of a new trend impulse, which then quickly quickly and sustainably dynamically and sustainable. On the underside, the recent two course depths, together with the old outbreak brands, serve as a signal provider at 23,400 points. On the top, an increase over the youngest highs at 23,855/23,884 points would ensure a first exclamation mark. From the perspective of the bulls, it would be even more important to recapture the 50-day line (act. At 24,064 points).

DAX® (Daily)

Chart Dax®

Source: LSEG, Tradesignal² / 5-year-old in the appendix

5-year-chart DAX®

Chart Dax®

Source: LSEG, Tradesignal²

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