DAX Waiting Fomc,34 Daily Avarage above and channel bottom below

INDEX:DAX   DAX Stock Index
565 4 5
DAX Index : Channel Bottom below but 34 days moving averages above

14 April 2015 in the downward movement that started from the top spot of the channel goes outside the channel on August 21, 2015 continued to move. August 24, 2015 along with the recovery in History 34 Day (Blue) seems to have the support of the moving average, but is forced to enter back into the channel. DAX Index             with the lowest levels of the channel can be seen in the chart can not enter a kind of channel which tested 4th time. As long as the support it receives so long as it remains broken in the yellow zone it is likely to force the lower part of the channel. Enter the channel resistance on the upward movement in the front if you want to make closing the channel appear as 89.144 and 618-day averages.

LEVELS INDEX:DAX            

Resistance: 11400

Resistance: 10850

Resistance: 10600

Pivot: 10381

Support: 9978

DAX Index has fallen below 9978 and may need to make a permanent move again when the investigation began to emerge.


Yasal Uyari
Yatirim Danismanligi Kapsaminda Degildir
it is not covered by investment advisory

Article = Makale = DAX             Endeksi Analizi

thks ersoy...
+1 Reply
hi , mkdeep04 , thanks
Thanks ersoy for chart
+1 Reply
Thanks Albertos
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