The price has reached a new local peak, but the MACD indicator couldn’t update the previous peak, indicating a weakening of the upward momentum. The divergence increases the probability of a price reversal downward.
The RSI is currently holding above the mark of 50. The indicator calculating formula logic suggests that, on average, the ascending movement is currently predominant.
On the Stochastic indicator, the blue main line remains below the signal red line. The current state of the indicator neither cancels nor contradicts signals received from other technical indicators.
DAX 40 holders should focus on opening short positions, which can be relevant either now or when the key signal level is retested.
📌 Entry: 24271.75
✔️ First target: 24062.90
✔️ Second target: 23934.23
❌ Stop order: 24384.92
DAX 40 M15: Downward divergence detected at MACD
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