DAX 40 · open buy, but fading strength
DAX 40: the bullish signal holds at week 8, yet the push is fading
DAX 40 · open buy, but fading strength
In Summary
The DAX 40 has been in a buy for 8 weeks, but the engine is losing thrust: the Signal Strength slips to 11 out of 100 and setup quality stays ordinary, at 40. Price is working near the all-time highs, just over 4% away, with little room to run. The quality band advises against new entries and the confirmation week closed lower. A trade to manage with caution, rather than to chase.
IQS Phase
40
ordinary
Signal Strength
11
low · fading
ATH distance
4.06%
4.06%
KPI 4
0/3
restricted Platinum content