DAX GER40 Technical Analysis: Advanced Weekly ForecastGerman 40 IndexPEPPERSTONE:GER40shoonya0000# DAX GER40 Technical Analysis: Comprehensive Multi-Timeframe Trading Strategy & Weekly Forecast Current Price: 23,939.4 (As of August 30, 2025, 11:54 AM UTC+4) Asset Class: GER40 / DAX Index Analysis Date: August 30, 2025 --- Executive Summary The DAX Index (GER40) continues to showcase remarkable resilience, trading near historic highs at 23,939.4 points. Our comprehensive technical analysis reveals the index has achieved significant milestones, with recent data showing the DE40 reaching 24,084 points on August 28, 2025, despite a monthly decline of 0.55%. The index maintains an impressive 27.35% year-over-year gain, positioning it as one of Europe's strongest performers. Technical confluence suggests potential for further upside toward the 24,500-25,000 zone, contingent on ECB policy support and improving macro conditions. --- Multi-Timeframe Technical Analysis Elliott Wave Analysis The DAX appears to be progressing through a complex corrective pattern within a larger degree bull market: Primary Count: Wave 5 of (5) within a Grand Super Cycle Alternative Count: Expanding diagonal formation in final stages Target Zone: 24,500-25,200 for primary wave completion Critical Support: 22,800 (Wave 4 low invalidation level) Long-term Projection: Extension toward 26,000-27,000 in 2026 Wyckoff Market Structure Analysis Current price action aligns with Wyckoff's Re-accumulation Phase: Phase: Late Stage Re-accumulation transitioning to Markup Volume Analysis: Institutional accumulation evident on pullbacks below 23,500 Price Action: Higher lows formation with narrowing consolidation ranges Composite Operator Activity: Large player absorption at key support levels W.D. Gann Comprehensive Analysis Square of 9 Analysis: - Current price 23,939.4 positioned near critical Gann square resistance - Next major Gann level: 24,649 (significant 360-degree rotation) - Time and price confluence: September 21-28, 2025 (Autumn Equinox influence) - Cardinal squares active at 24,000 and 24,321 Angle Theory Application: - 1x1 Rising Angle Support: 23,400-23,500 - 2x1 Accelerated Angle: 24,200-24,400 (next resistance cluster) - 1x2 Support Angle: 22,800-23,000 (major correction target) Time Cycle Analysis: - 90-day cycle completion due: Mid-September 2025 - Seasonal Gann Pattern: September-October strength historically favors DAX - Next major time window: October 15-25, 2025 Price Forecasting: - Immediate target: 24,200-24,400 - Extended target: 24,800-25,200 - Correction target (if triggered): 22,400-22,800 --- Japanese Candlestick & Harmonic Pattern Analysis Recent Candlestick Formations (Daily Chart) Doji Formation: August 28-29 showing indecision at resistance Long Lower Shadows: Indicating strong buying support below 23,800 Hammer Patterns: Multiple occurrences near 23,500-23,600 support zone Volume Confirmation: Bullish divergence with increasing volume on rallies Harmonic Pattern Recognition Bullish Gartley Pattern: Completion zone 23,200-23,400 (recent support test) ABCD Extension: Active pattern targeting 24,480-24,650 Butterfly Pattern Potential: Watching for completion near 24,800-25,000 Fibonacci Harmony: 1.618 extension projects to 24,756 from recent swing low Advanced Pattern Confluence Three Drives Pattern: Currently in third drive toward 24,200+ Cypher Pattern: Potential reversal zone at 24,500-24,800 Bat Pattern Setup: Monitoring for completion signals above 24,000 --- Ichimoku Kinko Hyo Analysis Current Cloud Structure (Daily Chart) Price Position: Solidly above Kumo cloud (strongly bullish) Tenkan-sen (9-period): 23,847 (short-term trend line) Kijun-sen (26-period): 23,712 (medium-term trend support) Senkou Span A: 23,780 (leading span A) Senkou Span B: 23,445 (leading span B - key support) Chikou Span: Positioned above price action confirming bullish momentum Future Kumo (26 periods ahead): - Thick ascending cloud structure indicating continued bullish bias - Cloud support zone: 24,200-24,400 (future support levels) - Kumo twist anticipated: Mid-October 2025 Ichimoku Trading Signals TK Cross: Tenkan above Kijun (bullish signal active) Price vs Cloud: Above cloud with strong momentum Chikou Span: Clear above price history (confirmation signal) --- Technical Indicators Deep Dive RSI (Relative Strength Index) Analysis Daily RSI: 64.8 (healthy bullish momentum, not overbought) Weekly RSI: 58.3 (room for further upside) 4H RSI: 67.2 (approaching overbought but sustainable) RSI Divergence: No bearish divergence detected, momentum intact Bollinger Bands Analysis Current Position: Price testing upper band resistance Band Width: Expanding, indicating increasing volatility BB Squeeze: Recent breakout from squeeze formation %B Indicator: 0.78 (strong but not extreme reading) VWAP Analysis (Volume Weighted Average Price) Daily VWAP: 23,876 (current support level) Weekly VWAP: 23,654 (key support zone) Monthly VWAP: 23,423 (major trend support) Volume Profile: High volume acceptance above 23,500 Moving Average Structure 10 EMA: 23,789 (immediate dynamic support) 20 EMA: 23,712 (short-term trend support) 50 SMA: 23,534 (intermediate support) 100 SMA: 23,287 (key trend support) 200 SMA: 22,845 (major trend support) Moving Average Signals: - All major EMAs in bullish alignment - Golden Cross intact (50/200 cross maintained) - Price above all key moving averages --- Support & Resistance Analysis Primary Resistance Levels 1. R1: 24,000 (psychological and Gann resistance) 2. R2: 24,200-24,400 (2x1 Gann angle cluster) 3. R3: 24,500-24,650 (Harmonic completion zone) 4. R4: 24,800-25,000 (Major extension target) 5. R5: 25,200-25,500 (Long-term Elliott Wave target) Primary Support Levels 1. S1: 23,712 (Kijun-sen support) 2. S2: 23,500-23,600 (recent swing low zone) 3. S3: 23,200-23,400 (Harmonic support/Weekly VWAP) 4. S4: 22,800-23,000 (1x2 Gann angle/100 SMA) 5. S5: 22,400-22,600 (Major correction target) Volume-Based Support/Resistance High Volume Node: 23,400-23,600 (strong support zone) Low Volume Gap: 24,100-24,300 (potential fast move zone) Volume Resistance: 24,500+ (historical selling pressure) --- Multi-Timeframe Trading Strategies Scalping Strategy (5M & 15M Charts) 5-Minute Timeframe Approach: Entry Signals: Pullbacks to 10 EMA with RSI