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GERMAN DAX Index Update - Apr 2015

Posted by on in The Time Factor
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The German DAX Index has been trading incredibly well and making significant turning points on trading to Time dates.

In the chart below I have marked in two active trading to Time dates (blue and red markers) which have produced a number of consecutive intermediate market tops and bottoms in the recent bull run.

The basis for calculating these dates is explained in volume 2 of Trading with the Time Factor. 

Based on the current market action, 16 June 2015 now becomes a significant date to watch for a turning point in the market.  It is an area that should be watched closely for a change in trend.

 

DAX Update - Apr 2015 c.1
Click to enlarge image

 

 Until next time.

 

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