xDAX forecast 04/11/23

6 kwi 2023

For the 11.04.23 we see the following trend reversal zones:

Up 3 15,674
Up 2 15,656
Up1 15,612
MoB 15,594
Down 1 15,584
Down 2 15,536
Down 3 15,518



5 days Trend barometer
The signal changes back from neutral to bearish again.



Technical Assessment
There is nothing more to add to the working theses published in the past few days. We continue to wait for the XETRA GAP close and the completion of the bearish pattern before we get back to the content of the technical chart analysis.


The fluctuation ratio of 1.228 signals a bullish bias in the 15,674.29 / 15,535.69 area.

We see the flipping point (Sigma n1) at 15,715 or 15,480.
This means that from these zones onwards, self-reinforcing reactions UP and DOWN can occur.


Technical stops

UP DOWN
261.80% 15,978 15,162
200.00% 15,881 15,259
161.80% 15,822 15,318
138.20% 15,785 15,355
127.20% 15,768 15,372
100.00% 15,726 15,414
88.60% 15,708 15,432
76.40% 15,689 15,451
61.80% 15,666 15,474
50.00% 15,648 15,492
38.20% 15,629 15,511
23.60% 15,607 15,533
14.60% 15,593 5,547
MOB 15,570



[u]Note[/u]

nothing has to be - everything can

A rolling, volume-based trend-following system is used to create this forecast, which was determined using mathematical-statistical methods and partially enriched with technical chart content

Forecasts are what they are: a look into the future, including the past, which can change dynamically, positively or negatively, from the time of publication