Market Video Overview: DAX 40 Futures
Tim Fairweather’s weekly report on the DAX 40 futures market.
We are piloting video reports for FTSE 100 and DAX 40 this week. Let us know below what you think to to this when compared to written reports.
Summary
In this video, Tim Fairweather provides a detailed weekly report on the DAX 40 futures market. He begins by analyzing the previous week’s performance, noting a significant bearish trend despite a brief buy signal that ultimately closed lower, trapping bullish traders.
Tim observes that while the market briefly touched near 19,000 on the FDAX chart, it couldn’t sustain these levels, hovering instead between 18,000 to 19,000. He describes the market action as forming an expanding triangle pattern, suggesting potential breakout conditions ahead.
Tim highlights a recent strong bearish close below the moving average, which initially attracted bullish buying interest but ultimately led to a sharp downturn, benefiting longer-term traders. Looking ahead, he anticipates continued sideways to downward movement within the current trading range, cautioning against premature bullish bets given the market’s recent behavior.
Tim concludes by inviting viewer feedback on this new video format for his weekly reports, emphasizing the complexities and strategic insights necessary for trading in the current DAX 40 environment.
Market analysis reports archive
You can access all weekend reports on the Market Analysis page.
