S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Facts:
- The RSI level remains close to the neutral 50 level [46.1].
- The EMA 50, 100, and 200 moving averages maintain upward momentum.
- The moving averages are accelerating, as shown by the EMA50 crossing above the EMA100 and the widening divergence between them.
- The pattern of highs and lows over the last 3 months indicates increasingly higher upward moves.
Trade idea : Long (buy) position on DE40 at the market price.
- Target: TP1: 26000, TP2: 27100
- Stop: 22050
DE40 (D1)
Source: xStation5
OPINION:
Currently on the DE40 chart, another episode of conflict can be observed between the medium-term sideways trend and the short- and long-term uptrend. The long-term trend remains clearly bullish despite the prolonged, expanding consolidation ongoing since 2025. A medium-term bearish signal is coming from the MACD, however it is the aftermath of a sharp and deep correction from February, a type of correction that is cyclical and characteristic for the DAX index.
Methodology and assumptions:
- The recommendation is based on technical analysis of the chart, in particular EMAs and Fibonacci levels.
- Target levels were determined based on FIBO levels.
- The protective stop-loss order was set based on a favorable risk-to-reward ratio and based on a FIBO level and the EMA200.
