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2 clusters · 3 sources · 14 days · First seen · Last updated

DAX index technical market analysis

Overview

Technical analysis of the DAX index indicates a shift from a bullish cycle toward a corrective phase. In late August 2026, the index was described as reaching a mature stage of its current cycle, with analysts monitoring a pivot at 24,645.6 to support further upside within an ongoing bullish sequence.

By early September 2026, the outlook transitioned to a potential larger degree correction. Projections suggested the unfolding of a ‘double three WXY pattern,’ with a target zone for wave W identified between 24,737 and 25,283 before any temporary rally occurs.

Entities

DAX · Nasdaq 100 · Federal Reserve

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    DAX and Nasdaq 100 face technical signals of potential correction

    Technical analyses suggest potential corrections for the DAX and Nasdaq 100, citing Elliott Wave patterns in the DAX and diverging momentum and market breadth in the Nasdaq.

  2. 16 days ago

    [BUSINESS] 3 sources
    DAX approaching final wave ahead of potential corrective phase

    The DAX is approaching the completion of its current Elliott Wave cycle, nearing a final wave (v) before a potential broader corrective phase.

Sources

actionforex.com · detlionblood32.wordpress.com · tradingview.com