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...
German DAX has been consolidating in a range for a while now and today it is breaking below the key level where it was bouncing from. This is on the back of the jobs data from the US but it had been pretty weak even before that. We are looking at the target of 15,000 in the index.
The German index is just 3% away from an all-time high
strong outperformer against global peers.
now at 15875, can move beyond the 16300 mark
on the downside good as long as hold the 15250-15300 area
actually publishing herewith my 2 old ideas one weekly dtd.13.03.2023 and other dtd.17.03.2023
just to show importance of inside candle and impact of monthly line(white)
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Publishing herewith my idea about DAX for current month
non stoppable rocket hit a trendline, also got rejection from weekly RSI 70, still above important support ,if ,broken bound to slips into the lower zone in day time frame
