KQMarkets

Dax - Still Neutral Above Key Support

XETR:DAX   DAX Index
We still have a neutral view on the Dax as despite geopolitical tensions in the Middle East which caused the index to drop below 13000 the Dax bounced back above key support at 13173. Therefore if the Dax challenges and consolidates below 13173 again we would change our view to short as we await ISM manufacturing data today and non farm payrolls on Friday which could lead to significant price action.
Turning bearish based on the following pattern:

Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out