
FDAX DAX Futures Daily Chart Analysis: 2026-May-08 07:03 CT
Price Action
- Last: 24531,
- Bars: Medium,
- Mom: slow.
WSFG Weekly
- Short-Term
- WSFG Current: -1%
- F0%/NTZ' Bias: Price Below,
- WSFG Trend: Down.
MSFG Month May
- Intermediate-Term
- MSFG Current: 0%
- F0%/NTZ' Bias: Price Neutral,
- MSFG Trend: Neutral.
YSFG Year 2026
- Long-Term
- YSFG Current: -8%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: UTrend,
- 3. Pvt. Evolve: Pvt High 25252,
- 4. Pvt. Next: Pvt Low 24446,
- 5. Levels R: 25854, 25656, 25252,
- 6. Levels S: 23729, 22124, 20932, 20131, 19857.
Daily Benchmarks
- (Short-Term) 5 Day: 24559 Down Trend,
- (Short-Term) 10 Day: 24382 Up Trend,
- (Intermediate-Term) 20 Day: 24339 Up Trend,
- (Intermediate-Term) 55 Day: 24213 Up Trend,
- (Long-Term) 100 Day: 24534 Up Trend,
- (Long-Term) 200 Day: 24502 Down Trend.
Additional Metrics
Recent Trade Signals
- 07 May 2026: Short FDAX 06-26 @ 24598 Signals.USAR.TR120
- 06 May 2026: Long FDAX 06-26 @ 24705 Signals.USAR-MSFG
- 06 May 2026: Long FDAX 06-26 @ 24671 Signals.USAR-WSFG
Overall Rating
- Short-Term: Bearish,
- Intermediate-Term: Neutral,
- Long-Term: Neutral.
Key Insights Summary
FDAX remains in a corrective swing structure after the sharp March selloff and the early-May rebound, with price now pressed into the mid-24,500 area where the monthly fib grid is neutralizing the near-term tone. The weekly session fib grid stays below F0%, keeping the short-term backdrop down, while the monthly grid is flat and the yearly grid remains negative, reflecting a broader bearish cycle that is still working through lower highs and reaction rallies. Swing pivots show an active short-term uptrend off the April low, but the next pivot is still a downside reference at 24446, and overhead resistance remains stacked at 25252, 25656, and 25854. Benchmarks are mixed but clustered tightly around price, with the 20/55/100/200-day averages converging near the current zone, reinforcing a choppy, transition-style market rather than a clean trend extension. The recent signal sequence shows a failed short-term short into a rebound from WSFG and MSFG support, leaving the chart in a bounce-versus-breakdown setup with volatility elevated and directional clarity still developing.
Chart Analysis ATS AI Generated: 2026-05-08 07:03 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.