I will update the signals here later
Important DAX Levels
Moving on to the key levels to watch today, watch out for the previous session Point of Control (POC) at 13168 and the previous session Volume Weighted Average Price (VWAP) at 13198. The value area high (VAH) is currently 13218 and the value area low (VAL) is currently 13146.
DAX Technical Indicators
| Indicator | Value |
|---|---|
| RSI | 78 |
| Stochastic | K: 76 and D: 73 |
| MACD OSMA | 57 |
| Point of Control (POC) | 13168 |
| Value Area High (VAH) | 13218 |
| Value Area Low (VAL) | 13146 |
| The DAX Pivot | 13205 |
| The DAX R2 | 13398 |
| The DAX S2 | 13013 |
| Daily 5 EMA | 13165 |
| Daily 8 EMA | 13113 |
| Daily 50 EMA | 12779 |
| Daily 200 EMA | 12461 |
Develop Your Trading Business
TheDaxTrader.co.uk provides top quality DAX Analysis articles every day cover various topics of technical analysis from technical indicators to naked price action. We want to help you learn to trade the DAX better. We study market geometry and share our outlooks. If you want to learn more about how we trade, you can become a member today and get access to our DAX trading strategy. We trade the strategy every day and this is where we generate our DAX signals. So come and learn the strategy for yourself.
Perhaps you want to learn how to become a signal provider for yourself? If so, learn about how to send trading signals from Metatrader 4 to Telegram. We have produced an excellent piece of software will help you do exactly that. To learn more about the DAX, visit the Wikipedia page, you will find we are mentioned there.