DAX (DAX) Down $5.5 On 4 Hour Chart, Entered Today Down For the 2nd Day In A Row; in an Uptrend Over Past 30 Days

DAX 4 Hour Price Update

Updated September 14, 2020 11:16 PM GMT (07:16 PM EST)

DAX closed the last 4 hour candle down 0.04% (5.5); this denotes the 3rd straight candle a decline has happened. Relative to other instruments in the equity indices asset class, DAX ranked 5th since the last 4 hour candle in terms of percentage price change.

DAX Daily Price Recap

DAX is down 0.05% (6.05) since yesterday, marking the 2nd day in a row a decrease has occurred. Relative to other instruments in the equity indices asset class, DAX ranked 10th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of DAX.

DAX

DAX Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that DAX’s price has gone down 6 of the previous 10 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!