DAX is one of the most popular indexes in the world. It is listed on the Frankfurt Stock Exchange. Virtually daily there is a very large volatility that gives many trading opportunities.


Summary of the session 19/02/2018

Monday’s session saw a drop of 0.53% in the DAX index, with low volume related to the lack of American capital. The falling number of open futures contracts on the March series is noteworthy, which may mean that the price drop is just a correction. Among the components of the DAX index, the best result was recorded by RWE, which gained 2.42%, while the Deutsche Bank company increased by 2.10%. The worst result achieved Daimler AG which fell by 2.06% and Fresenius Medical was down 1.55%.

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DAX Intraday

After opening, the market managed to reach the level of 12,400 and is currently testing it from the top, while the directional point (DP) is slightly higher, which is why it is still more likely that the bearish move will be continued. Only the closing above 12,420 warms up the atmosphere on the stock, then you can expect move towards 12,490.

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