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KQMarkets
Feb 24, 2021 3:31 PM

Dax - Still Short Despite Limited Price Action Short

DAX IndexXETR

Description

We still hold a short view on the Dax despite limited price action as rising treasury yields despite central bank's dovish stance continue to put stocks under pressure. We see prices potentially dropping towards support at 13,000 as we await GSK consumer confidence and also key US data including durable goods orders tomorrow.
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