GER 40 - for 6.11.2023

PEPPERSTONE:GER40   German 40 Index

As seen in the previous few sessions, the index has significantly moved up breaking all the resistances. Now it has arrived at an important daily resistance range of 15280 - 15300 (20 points).

If it Breaks the support level of 15120, we can look for a good short opportunity with a range till 15030 (approx 100 points) or the index could experience periods of consolidation, with volatile fluctuations in both upward and downward directions.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.