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DAX Futures 2026

  • #3,021
  • Jul 5, 6:46am (20 hr ago) Jul 5, 6:46am (20 hr ago)
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I call upon my father's spirit , watching over me
  • #3,022
  • Jul 5, 11:19am (15 hr ago) Jul 5, 11:19am (15 hr ago)
Quoting HarpexMars
To the Dax experts in the forum: From a market valuation point of view I see the DAX is overbought. In your opinion, is this a market melt-up top, or are we still to see new highs? Thanks
Experts??
Me and my old friends here are only survivors of this crazy circus after all these years facing turbulent and violent ups and downs. more ups than downs…...to be frank, taking into account long term decades DAX bullish trend!

Anyway let's try to reply to your question:

1. DAX just made new ATH last 2 trading days and every financial instrument making new ATH is obviously in overbought condition on every TF you want look.
That's absolutely normal and in this perspective overbought means absolute nothing on technical view, imho.

2. Nobody knows what DAX will do next days, so it cant be an answer to your question.
I have only some refers I will watch in anycase (excluded intraday key levels that I post here intraday):

On downside:
Previous ATH around 25400 zn
Psychological 25000 level
24500 zone, double bottom of last weeks.

On the upside:
26000 is psychological level, potential great bull trap, imho, as probably some automatic buy orders could start or short stops activated, so possible new ATH in sight in this case.

Good luck to you and for all of us here!!
I call upon my father's spirit , watching over me
  • #3,023
  • Jul 5, 2:43pm (12 hr ago) Jul 5, 2:43pm (12 hr ago)
Quoting Brixen
...Greetings from Brixen North...... {image}
Finally I found the place where you made these beautiful pictures. When you posted the Winter view (more than a year ago) I searched and searched and couldn't find it. Now I know. How beautiful.

Greeting back to Brixen :-)
It takes blood, sweat and enough tears to wash away the blood.
  • #3,024
  • Edited 5:46pm Jul 5, 5:17pm (9 hr ago) | Edited 5:46pm
Quoting Brixen
{quote} Experts?? Me and my old friends here are only survivors of this crazy circus after all these years facing turbulent and violent ups and downs. more ups than downs…...to be frank, taking into account long term decades DAX bullish trend! Anyway let's try to reply to your question: 1. DAX just made new ATH last 2 trading days and every financial instrument making new ATH is obviously in overbought condition on every TF you want look. That's absolutely normal and in this perspective overbought means absolute nothing on technical view, imho....
Thanks a lot for your view. Tomorrow important data for Germany before open (factory orders with a 1,1% increase consensus forecast). Probably significant move thereafter.
On the other hand when I wrote overbought I meant from a fundamental point of view, not technical. I cannot see a lot of companies in the DAX growing more in price given the competitive situation in worldwide markets. Thanks again and GL all.
  • #3,025
  • Jul 5, 5:45pm (9 hr ago) Jul 5, 5:45pm (9 hr ago)
Quoting emmzett
{quote} Finally I found the place where you made these beautiful pictures. When you posted the Winter view (more than a year ago) I searched and searched and couldn't find it. Now I know. How beautiful. Greeting back to Brixen :-)
Great to see you back again. Must be ESP cos I've been re-reading all your great ZigZag stuff this weekend.
  • #3,026
  • Jul 6, 12:36am (2 hr 24 min ago) Jul 6, 12:36am (2 hr 24 min ago)
Quoting emmzett
{quote} Finally I found the place where you made these beautiful pictures. When you posted the Winter view (more than a year ago) I searched and searched and couldn't find it. Now I know. How beautiful. Greeting back to Brixen :-)
Hi my old friend, good to see you here again after some time, how are you? always in the Eastern Europe or back in Switzerland?

and yes, small sweet valleys beween the Alps are so beautiful, both in winter and in summer days....
I was born in a strict small valley East Brixen town, along the Saint Andrea hill, I know very well those wonderful places......
I call upon my father's spirit , watching over me
  • #3,027
  • Jul 6, 12:41am (2 hr 19 min ago) Jul 6, 12:41am (2 hr 19 min ago)
Quoting handy148
{quote} Great to see you back again. Must be ESP cos I've been re-reading all your great ZigZag stuff this weekend.
Im sure you were up all night for the England vs Mexico match........I just watched only the highlights, as usually I sleep at night....
Bellingham, Kane and Gordon on fire I see.........and Pickford too, at his best for Everton goalkeeper!
Congrats
I call upon my father's spirit , watching over me
  • #3,028
  • Jul 6, 12:46am (2 hr 13 min ago) Jul 6, 12:46am (2 hr 13 min ago)
BACK TO TRADING

The ability or inability for the DAX FUTURE to breakdown 25895 zn = 25750 zn DAX CASH INDEX price will dictate the morning trading on the DAX, imho.

On the above new ATH in sights, otherwise there's a wide room for a natural retracement.
Im very very busy today and tomorrow, outside trading, and Im not at my house for many days ahead.

So I will come back here only from time to time, while 1 of my daughters will try to post DAX FUTURE charts from my PC at home.

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I call upon my father's spirit , watching over me
  • #3,029
  • Last Post: Jul 6, 1:46am (1 hr 14 min ago) Jul 6, 1:46am (1 hr 14 min ago)
Quoting Brixen
{quote} Im sure you were up all night for the England vs Mexico match........I just watched only the highlights, as usually I sleep at night.... Bellingham, Kane and Gordon on fire I see.........and Pickford too, at his best for Everton goalkeeper! Congrats
Yes very little sleep last night and your observations on the players correct as always.
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