KQMarkets
Long

Dax - Long - Above Key Support

XETR:DAX   DAX Index
With the Dax unable to consolidate below key support at 13173 despite Middle East tensions and the index having a strong upward momentum we are taking a long view on and now see prices moving above all time highs towards 14000. This is particularly due to phase 1 of the US and China trade deal to be signed on the 15th Jan and impact QE is having on the markets with details of the ECBs December meeting to be released Thursday.
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