German index, bullish signal in its 7th week
DAX 40: the uptrend holds, yet momentum cools below the highs
German index, bullish signal in its 7th week
In Summary
The DAX 40 has been in a buy for 7 weeks, just over 3% from its record highs. The weekly structure holds — aligned moving averages, price above the Ichimoku cloud — but the thrust has faded: Signal Strength has dropped to 11 of 100, fading, and the confirmation week of the previous signal closed lower. The setup phase remains ordinary. The 3 statistical profit-taking areas have yet to be touched by price. A maturing rally, not a reversal.
Open BUY
·7th week from start
·EU-UK Broad indices
·T1
IQS Phase
36
ordinary
Signal Strength
11
low · fading
ATH distance
3.53%
3.53%
KPI 4
0/3
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