For the 11.04.23 we see the following trend reversal zones:
Up 3 15,674 Up 2 15,656 Up1 15,612 MoB 15,594 Down 1 15,584 Down 2 15,536 Down 3 15,518
5 days Trend barometer The signal changes back from neutral to bearish again.
Technical Assessment There is nothing more to add to the working theses published in the past few days. We continue to wait for the XETRA GAP close and the completion of the bearish pattern before we get back to the content of the technical chart analysis.
The fluctuation ratio of 1.228 signals a bullish bias in the 15,674.29 / 15,535.69 area.
We see the flipping point (Sigma n1) at 15,715 or 15,480. This means that from these zones onwards, self-reinforcing reactions UP and DOWN can occur.
A rolling, volume-based trend-following system is used to create this forecast, which was determined using mathematical-statistical methods and partially enriched with technical chart content
Forecasts are what they are: a look into the future, including the past, which can change dynamically, positively or negatively, from the time of publication