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One of the lesser known stock market indices is the German DAX.

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In the weekly chart below, notice that the DAX index reached higher highs while in the same time the momentum significantly decreases.

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For those that are new to the DAX, the average daily movement.

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Eurex DAX (FDAX) Futures Price Action Trade Signal Strategies

Started in 1984, the DAX Index is the most commonly cited benchmark for measuring the returns posted by stocks on the Frankfurt Stock Exchange.