| Milestone Difficult |
| Many sports fans are currently following the Tour de France. Not everyone knows that since 1951, the French city of Dax was four times a stage destination. It may not be a coincidence that this is also known for its arenas. For the DAX®, the bulls are still struggling with the 200-day line (currently at 12,777 points). Both the bullish spread from Tuesday to Wednesday and the return badociated with the former uptrend since February 2016 (currently 12,688 points) have not been able to provide a decisive boost. On the contrary, yesterday the DAX® has the o. Leaving the trend up again, which also closed the gap at the same time. It appears that the upper barrier beam exhibits the characteristics of an aurelian wall. Therefore, we would like to turn our eyes to the south. First, the 38-day line (currently at 12,610 points) and the central line of the Bollinger Bands (currently at 12,453 points), before the recent low at 12,398 points as the next support. This should certainly hold, because otherwise the big end of June (12,104 points) in the home of bears. |
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 DAX® (Everyday) |
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| The Flag Wins Outlines |
| For over a year and the record of 129.90 euros, Henkel's action is in correction. The smoothing line of the last 200 weeks (currently at 107.00 EUR) has proven to be a reliable support again and again. This evolution is now reflected in various quantitative indicators. While the MACD has recently generated a new signal for entry, the initial situation seems almost better with respect to relative strength after Levy. In addition to the break in the downtrend since August 2016, there is a closed bottom formation here (see chart). What is still lacking from a technical point of view, it is a push on the correction trend that is in place since June 2017 (currently at 112.64 euros). The meaning of the mentioned signal generator is further supported by a Fibonacci level (112.41 EUR). If the liberation strike succeeds, the last 13 months' breather will finally be interpreted as a flag of confirmation of tendencies. During the month of November 2017 (123.75 EUR), the path should be in perspective, even up to the record level mentioned above. As a hedge, investors can use the o. |
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Henkel Vz. (Weekly) |
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