DAX INDEX LATEST

DAX INDEX AT INTRADAY.SE

TUESDAY 23. MAY

Month Start
Jan 15.860
Feb 15.580
Mar 13.940
Apr 14.465
May 14.090
June 14.327
July 12.780
Aug 13.495

 

DAX details and info

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DAX SEASONALITY

The Dax index seasonality chart compares this year to earlier years.

DAX FUTURE INDEX IN 2022 UPDATED 23. MAY
Seasonality + 2.7%
Dax Future - 10.8%
Current Seasonality Strong to 07. June

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DAX DAILY QUOTE CHANGES

DAX INDEX THIS YEAR VS LAST YEAR

DAX INDEX THIS YEAR VS 2 YEARS AGO

DAX THIS YEAR VS 3 YEARS AGO

DAX PRICE CHANGES

DAX MACD AND RSI

DAX INDICATOR ( i )

DAX WEEKLY ( Longer perspective )

Average weekly trading range in 2022: 752 points.

Each bar is derived from one week of trading activity.

After week 20, the Dax is seeing a higher high and a higher low indicating strength rather than weakness. Activities below the 13.670-level would most likely mean the market is falling into previous weakness again.

After week 18, there is an inside wide Red bar pressuring to the downside rather than the upside.  Week 17 was weak. The index is holding up better than the Nasdaq100 index but still is vulnerable for further weakness unless markets are getting above the 14.350 level. Then it could be time to reassess.

After week 16, there is a higher high and a higher low but coloured Red. The colour is contradicting the direction of the bar so be aware of gravity. Friday was very weak and could see follow-through in week 17 (see this chart).

After week 15, Easter  . A lower low and a lower high is showing weakness. Trading above 14.345 could change the current bearish view.

After week 14, there is a lower low and a lower high on the weekly scale after a retest of the technical resistance around the 14.830-level. Be aware next week could show more "real" direction again.

After week 12, DAX is stronger rather than weak. 14.830-level is technical resistance (former support).

After week 11, DAX is making a higher high and a higher low on a weekly scale indicating strength rather than weakness. This could be a test up against the resistance area around 14.830 which was support for 40 + weeks.

After week 10, the downward pressure continues with a 500 points lower Lower Low. The lower high is also substantially lower. There is no doubt the 14..830-level was important support, weeks back. Going forward, only trading above the 14.320 level should question this heavy down-move. Only then, we will assess if could be a dead cat bounce.

After week 09, the weakness continues and is represented through the Red bar. A lower low and a lower high. This latest week is - 9.8%.  This downtrend continues until markets are willing to trade above the 14.940 level again.

After week 08, the break of the 14.830 level was cleared and build a Red bar with its lower low and lower high. The week endes - 3.3% lower.

After week 07, the index is getting dangerously close to major support while bulding a lower low and a lower high on the weekly scale. The pattern is looking to break through the support level, and only trading above the 15.535 level will prove otherwise.

After week 06, there is an inside bar with a Red toutch on the weekly scale. The upcoming break could happen to the upside, but the gravity point rather lower than higher at the moment. Upcoming trades below 15.070 could be vulnerable for a heavy downtrend, after a prolonged wider 8% consolidation of 40+ weeks.

DAX FUTURE MONTHLY ( Loonger perspective )

Monthly tradingrange for the DAX Future index:

JAN FEB MAR APR MAY JUN JUL          
1.445 1.950 2.520 1.046 1.330 2.112 1.178          

 

Each bar is derived from one month of trading activity. Chart is updated after the end of the month.

After July 2022, there is still a lower low on a monthly scale, indicating continued weakness for the longer term. Only market action above 13.930 could change this view for the chart above.

After June 2022, the index is making a lower low but a higher high on the monthly scale. The Red outside bar is indicating more weakness than strength. Only getting back above 14.700 would question the current prolonged downtrend. 

After May 2022, Dax is making a lower low and a lower high indicating weakness on a monthly scale. There is weakness rather than strength to the current consolidation.

After April 2022, the index is having an inside Red bar with significantly less range compared to the latest months. The Red bar is visualising weakness rather than strength on a mothly scale. Only developments above 14.625 could change the current bearish market view. 

After March 2022, DAX is showing a clear lower low and lower high on a monthly scale indicating weakness. Exceeding 15.220 could change the current view.

After February 2022, The index has created a lower low and a lower high indicating weakness and lower levels to come.

After January 2022, DAX index is showing an outside bar which is marginally Blue. The outside bar signals the next move could come in either direction. Be aware of both scenarioes. As for now, the pattern is sideways and could be chopping until it breaks heavy.  (16.274 high, 14.830 low).

DAX MONTHLY PERCENT CHANGE

DAX MONTHLY CHANGES

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2021 - DAX had a weak January, but strong over the next 4 months. Weakness in June and July, stronger in August. September was weak but downside recovered in October. Down again in November and weak in December. 

 

Dax index quarterly developments. Q2 2022 ranged 2.112 points low to high or high to low. This may differ from the look of the formulated chart below.

This chart shows the development of the DAX index per quarter, where each bar counts as one quarter (3 mnths) of trading activity. Q1 = Jan - Mar,  Q2 = Apr - Jun, Q3 = Jul - Sep, Q4 = Oct - Dec.

Q2 2022, produces a lower high with a higher low. The so-called inside bar could generally turn either way over the next phase. As there is downside pressure to markets, do not be suprised if the current weakness continues. into Q3. According to the chart, only exceeding 15.000 again should change that view.

Q1 2022, Dax is making a substantial move to the downside with its solid lower low and marginally lower high. The pattern is suggesting weakness going forward.

GERMAN DAX INDEX YEAR BY YEAR

This is the German DAX index where each bar count as one year. It is the opening hours index and not the index future open pre and post the trading sessions.

The German DAX index year by year Intraday.se

In 2021, the German DAX index ranged 22% from year low to year high. The chart above is created as an Heikin Ashi chart, thereby given different outcomes of highs and lows than a normal bar chart because of its formula.

The strongest message from this chart is the importantance of a bar's higher low (lower high) which is indicating further development.

DAX INDEX AT INSTAGRAM

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