LSE ยท ETF ยท ENHANCED MARKET DYNAMICS

DS2P

L&G DAX Daily 2x Short UCITS ETF

GB

EMD SCORE21/100

CURRENT COMPLETED-WEEK READ

Defensive

The latest completed-week readings are broadly cautious. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration67% directional agreement89% evidence confidence
Completed week
28 Aug 2026
Latest close
GBP 0.4254
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 5 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
8 Sep 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท GBP +100+500-50-100 1.440.90350.3681 8 Sep 2023 ยท EMD 51/100 ยท close 1.18 15 Sep 2023 ยท EMD 48/100 ยท close 1.16 22 Sep 2023 ยท EMD 55/100 ยท close 1.23 29 Sep 2023 ยท EMD 58/100 ยท close 1.25 6 Oct 2023 ยท EMD 64/100 ยท close 1.28 13 Oct 2023 ยท EMD 78/100 ยท close 1.28 20 Oct 2023 ยท EMD 84/100 ยท close 1.36 27 Oct 2023 ยท EMD 84/100 ยท close 1.38 3 Nov 2023 ยท EMD 73/100 ยท close 1.29 10 Nov 2023 ยท EMD 78/100 ยท close 1.30 17 Nov 2023 ยท EMD 57/100 ยท close 1.19 24 Nov 2023 ยท EMD 53/100 ยท close 1.16 1 Dec 2023 ยท EMD 41/100 ยท close 1.10 8 Dec 2023 ยท EMD 33/100 ยท close 1.05 15 Dec 2023 ยท EMD 38/100 ยท close 1.06 22 Dec 2023 ยท EMD 36/100 ยท close 1.08 29 Dec 2023 ยท EMD 36/100 ยท close 1.08 5 Jan 2024 ยท EMD 40/100 ยท close 1.09 12 Jan 2024 ยท EMD 36/100 ยท close 1.08 19 Jan 2024 ยท EMD 38/100 ยท close 1.10 26 Jan 2024 ยท EMD 29/100 ยท close 1.04 2 Feb 2024 ยท EMD 34/100 ยท close 1.05 9 Feb 2024 ยท EMD 35/100 ยท close 1.05 16 Feb 2024 ยท EMD 29/100 ยท close 1.03 23 Feb 2024 ยท EMD 27/100 ยท close 0.9904 1 Mar 2024 ยท EMD 26/100 ยท close 0.9604 8 Mar 2024 ยท EMD 25/100 ยท close 0.9475 15 Mar 2024 ยท EMD 25/100 ยท close 0.938 22 Mar 2024 ยท EMD 24/100 ยท close 0.9164 29 Mar 2024 ยท EMD 25/100 ยท close 0.8854 5 Apr 2024 ยท EMD 32/100 ยท close 0.925 12 Apr 2024 ยท EMD 38/100 ยท close 0.9522 19 Apr 2024 ยท EMD 37/100 ยท close 0.9708 26 Apr 2024 ยท EMD 30/100 ยท close 0.9244 3 May 2024 ยท EMD 34/100 ยท close 0.9447 10 May 2024 ยท EMD 26/100 ยท close 0.8734 17 May 2024 ยท EMD 26/100 ยท close 0.8744 24 May 2024 ยท EMD 26/100 ยท close 0.8737 31 May 2024 ยท EMD 33/100 ยท close 0.8954 7 Jun 2024 ยท EMD 32/100 ยท close 0.8867 14 Jun 2024 ยท EMD 43/100 ยท close 0.9326 21 Jun 2024 ยท EMD 39/100 ยท close 0.9194 28 Jun 2024 ยท EMD 43/100 ยท close 0.9187 5 Jul 2024 ยท EMD 40/100 ยท close 0.896 12 Jul 2024 ยท EMD 31/100 ยท close 0.8607 19 Jul 2024 ยท EMD 45/100 ยท close 0.924 26 Jul 2024 ยท EMD 40/100 ยท close 0.9005 2 Aug 2024 ยท EMD 56/100 ยท close 0.9908 9 Aug 2024 ยท EMD 52/100 ยท close 0.9875 16 Aug 2024 ยท EMD 46/100 ยท close 0.9176 23 Aug 2024 ยท EMD 44/100 ยท close 0.8834 30 Aug 2024 ยท EMD 38/100 ยท close 0.8551 6 Sep 2024 ยท EMD 46/100 ยท close 0.9179 13 Sep 2024 ยท EMD 31/100 ยท close 0.8784 20 Sep 2024 ยท EMD 43/100 ยท close 0.8706 27 Sep 2024 ยท EMD 28/100 ยท close 0.7998 4 Oct 2024 ยท EMD 40/100 ยท close 0.8352 11 Oct 2024 ยท EMD 26/100 ยท close 0.8166 18 Oct 2024 ยท EMD 26/100 ยท close 0.789 25 Oct 2024 ยท EMD 37/100 ยท close 0.8079 1 Nov 2024 ยท EMD 34/100 ยท close 0.8298 8 Nov 2024 ยท EMD 34/100 ยท close 0.8258 15 Nov 2024 ยท EMD 37/100 ยท close 0.8293 22 Nov 2024 ยท EMD 32/100 ยท close 0.819 29 Nov 2024 ยท EMD 28/100 ยท close 0.793 6 Dec 2024 ยท EMD 26/100 ยท close 0.7345 13 Dec 2024 ยท EMD 29/100 ยท close 0.7376 20 Dec 2024 ยท EMD 31/100 ยท close 0.7708 27 Dec 2024 ยท EMD 29/100 ยท close 0.7693 3 Jan 2025 ยท EMD 35/100 ยท close 0.7748 10 Jan 2025 ยท EMD 38/100 ยท close 0.76 17 Jan 2025 ยท EMD 28/100 ยท close 0.7169 24 Jan 2025 ยท EMD 28/100 ยท close 0.6832 31 Jan 2025 ยท EMD 25/100 ยท close 0.6592 7 Feb 2025 ยท EMD 24/100 ยท close 0.6546 14 Feb 2025 ยท EMD 20/100 ยท close 0.613 21 Feb 2025 ยท EMD 30/100 ยท close 0.6203 28 Feb 2025 ยท EMD 26/100 ยท close 0.6076 7 Mar 2025 ยท EMD 25/100 ยท close 0.585 14 Mar 2025 ยท EMD 24/100 ยท close 0.5892 21 Mar 2025 ยท EMD 30/100 ยท close 0.5888 28 Mar 2025 ยท EMD 36/100 ยท close 0.611 4 Apr 2025 ยท EMD 47/100 ยท close 0.7218 11 Apr 2025 ยท EMD 49/100 ยท close 0.7508 18 Apr 2025 ยท EMD 43/100 ยท close 0.683 25 Apr 2025 ยท EMD 38/100 ยท close 0.615 2 May 2025 ยท EMD 33/100 ยท close 0.5719 9 May 2025 ยท EMD 30/100 ยท close 0.5472 16 May 2025 ยท EMD 28/100 ยท close 0.5316 23 May 2025 ยท EMD 28/100 ยท close 0.539 30 May 2025 ยท EMD 32/100 ยท close 0.5226 6 Jun 2025 ยท EMD 27/100 ยท close 0.511 13 Jun 2025 ยท EMD 35/100 ยท close 0.5516 20 Jun 2025 ยท EMD 35/100 ยท close 0.5636 27 Jun 2025 ยท EMD 29/100 ยท close 0.5292 4 Jul 2025 ยท EMD 37/100 ยท close 0.5467 11 Jul 2025 ยท EMD 32/100 ยท close 0.5288 18 Jul 2025 ยท EMD 25/100 ยท close 0.5268 25 Jul 2025 ยท EMD 37/100 ยท close 0.5334 1 Aug 2025 ยท EMD 46/100 ยท close 0.5665 8 Aug 2025 ยท EMD 35/100 ยท close 0.5306 15 Aug 2025 ยท EMD 36/100 ยท close 0.5206 22 Aug 2025 ยท EMD 37/100 ยท close 0.5228 29 Aug 2025 ยท EMD 47/100 ยท close 0.5432 5 Sep 2025 ยท EMD 48/100 ยท close 0.5594 12 Sep 2025 ยท EMD 45/100 ยท close 0.5528 19 Sep 2025 ยท EMD 45/100 ยท close 0.5588 26 Sep 2025 ยท EMD 44/100 ยท close 0.5583 3 Oct 2025 ยท EMD 36/100 ยท close 0.5258 10 Oct 2025 ยท EMD 46/100 ยท close 0.5306 17 Oct 2025 ยท EMD 47/100 ยท close 0.5489 24 Oct 2025 ยท EMD 58/100 ยท close 0.6104 31 Oct 2025 ยท EMD 49/100 ยท close 0.5494 7 Nov 2025 ยท EMD 54/100 ยท close 0.567 14 Nov 2025 ยท EMD 58/100 ยท close 0.555 21 Nov 2025 ยท EMD 64/100 ยท close 0.5898 28 Nov 2025 ยท EMD 55/100 ยท close 0.5528 5 Dec 2025 ยท EMD 52/100 ยท close 0.5421 12 Dec 2025 ยท EMD 53/100 ยท close 0.5382 19 Dec 2025 ยท EMD 38/100 ยท close 0.533 26 Dec 2025 ยท EMD 42/100 ยท close 0.5284 2 Jan 2026 ยท EMD 38/100 ยท close 0.5205 9 Jan 2026 ยท EMD 31/100 ยท close 0.4897 16 Jan 2026 ยท EMD 36/100 ยท close 0.4883 23 Jan 2026 ยท EMD 31/100 ยท close 0.5052 30 Jan 2026 ยท EMD 38/100 ยท close 0.5182 6 Feb 2026 ยท EMD 37/100 ยท close 0.5114 13 Feb 2026 ยท EMD 36/100 ยท close 0.505 20 Feb 2026 ยท EMD 31/100 ยท close 0.4932 27 Feb 2026 ยท EMD 29/100 ยท close 0.4939 6 Mar 2026 ยท EMD 48/100 ยท close 0.5591 13 Mar 2026 ยท EMD 50/100 ยท close 0.5626 20 Mar 2026 ยท EMD 70/100 ยท close 0.6146 27 Mar 2026 ยท EMD 71/100 ยท close 0.6166 3 Apr 2026 ยท EMD 56/100 ยท close 0.576 10 Apr 2026 ยท EMD 50/100 ยท close 0.539 17 Apr 2026 ยท EMD 43/100 ยท close 0.4996 24 Apr 2026 ยท EMD 51/100 ยท close 0.5226 1 May 2026 ยท EMD 40/100 ยท close 0.5075 8 May 2026 ยท EMD 44/100 ยท close 0.5114 15 May 2026 ยท EMD 51/100 ยท close 0.5316 22 May 2026 ยท EMD 34/100 ยท close 0.4856 29 May 2026 ยท EMD 38/100 ยท close 0.48 5 Jun 2026 ยท EMD 39/100 ยท close 0.4924 12 Jun 2026 ยท EMD 34/100 ยท close 0.4968 19 Jun 2026 ยท EMD 34/100 ยท close 0.4842 26 Jun 2026 ยท EMD 37/100 ยท close 0.495 3 Jul 2026 ยท EMD 27/100 ยท close 0.4502 10 Jul 2026 ยท EMD 32/100 ยท close 0.4733 17 Jul 2026 ยท EMD 34/100 ยท close 0.4828 24 Jul 2026 ยท EMD 29/100 ยท close 0.4744 31 Jul 2026 ยท EMD 31/100 ยท close 0.4556 7 Aug 2026 ยท EMD 24/100 ยท close 0.4321 14 Aug 2026 ยท EMD 26/100 ยท close 0.4284 21 Aug 2026 ยท EMD 33/100 ยท close 0.4394 28 Aug 2026 ยท EMD 21/100 ยท close 0.4254 3 Nov 2023 ยท Down-cycle confirmed ยท close 1.29 30 Jan 2026 ยท Up-cycle confirmed ยท close 0.5182 6 Mar 2026 ยท Up-cycle confirmed ยท close 0.5591 15 May 2026 ยท Up-cycle confirmed ยท close 0.5316 8 Sep 20237 Mar 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 6%Current EMD -57.54-week EMD change -19.1156-week price range GBP 0.4254โ€“1.38

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

11/100-1.04

Cautious pressure beneath price
4-week change -0.27

02

Trend and deviation

1/100-15.1% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

33/1004w -6.6% ยท 13w -11.4%

Momentum is applying downside pressure
SMI 0.05

04

Price-volume pressure

2/1002% constructive pressure

Volume is leaning against the close
Volume ratio 2.74x

05

Relative leadership

2/100-23.45

The ticker is lagging its benchmark
4-week change -2.99

06

Modeled Trend

60/100Modeled Trend 0.10

Modeled Trend is supportive
Smoothed Modeled Trend 0.24

Evidence context