Ok we are not supposed to make predictions but only reactions to trading right?
Well this time I am making a prediction.
Since the chop sideways box has been forming, a breakout is imminent.
Either it will break up and head to the initial target of 25,113.
Or it will breakdown and the market will have a correction.
Either way, the breakout will occur because Germany can't just stay in this range forever right?
So why the chop?
🌍 DAX strong abroad, weak at home
🐌 Earnings lag behind U.S. peers
🏛️ Bureaucracy & labor shortages drag
Let's hope for some optimistic news with DAX and that we do get a breakout and up to 25,113.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Well this time I am making a prediction.
Since the chop sideways box has been forming, a breakout is imminent.
Either it will break up and head to the initial target of 25,113.
Or it will breakdown and the market will have a correction.
Either way, the breakout will occur because Germany can't just stay in this range forever right?
So why the chop?
🌍 DAX strong abroad, weak at home
🐌 Earnings lag behind U.S. peers
🏛️ Bureaucracy & labor shortages drag
Let's hope for some optimistic news with DAX and that we do get a breakout and up to 25,113.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.