Continuing the Nasdaq100+DAX story. The weekly chart for the combined markets is shown below.

As there again is a lower low and a lower high in the weekly chart, markets are showing continued weakness (and no strength) going forward.

Latest In depth on Nasdaq100 index.

Latest in depth on DAX index. 

2022-04-24 15:30 | Nasdaq100, Dax, Longer Term, Medium Term, Stockmarkets

Below, you find Nasdaq100 and DAX set toghether.

As pointed out last week, if this week was weak the resumption of the downtrend could find its way lower.

The chart is now showing a lower low and a lower high, indicating weakness for markets. Only a 5% gain could possibly jeoperdize the downtrend from the first week of January.

Latest In depth on Nasdaq100 index.

Latest in depth on DAX index. 

2022-04-17 22:36 | Nasdaq100, Dax, Longer Term, Medium Term, Stockmarkets

STAY ALERT!

The weekly chart below,

shows the American Nasdaq100 index and the European DAX index put togheter in one graph.

The lastest weekly bar is showing a lower high and an equally lowpoint from the week before.

Upcoming weakness could prove current upswing in markets to be "fake", for then to see the longer term downtrend from beginning of January to resume. 

In depth Nasdaq100 index.

In depth DAX index. 

2022-04-10 15:32 | Dax, Longer Term, Medium Term, Nasdaq100, Stockmarkets