DX2G: volume rebalances, 85-area double bottom holds
DX2G holds flat (+0.1%): the 85-area double bottom stands as volume rebalances
DX2G: volume rebalances, 85-area double bottom holds
Our view last week
After last week's near one-sided buying (95% of volume), the tide has turned on the Xtrackers MSCI Germany ETF: sellers took control, 71% of trading, and price gave back 2.1%. Money flow stays positive but is thinning, and the weekly RSI cools from 62.9 to 56.7. The trade's gain eases to +3.18%, down from +5.41% last week, with price still hugging its historical highs.
This week's summary
Weekly technical analysis on DX2G, the Xtrackers ETF on German equities (MSCI Germany): after last week's slide - 71% sell volume, price -2.1% - the picture is stabilizing. Volume swings back into balance, 50-50, price closes flat and the daily double bottom in the 85 area still holds, with a 5% rebound. The stock is boxed between the 20-day average resistance, 87 area, and the pivot-point support, 86.6 area. The trade's gain holds up, at +3.32%.
IQS Phase
56
ordinary
Signal Strength
40
medium · weak
Sizing
REDUCED
Ranking
#44 / 61
EU-UK stocks in progress
Trade P&L %
+3.32%
from signal to today
restricted Platinum content