DAX 40 drop from ATH 24770 to recent lowest 24000 and keep above the this support zone for a week. DAX40 is now in a short term downtrend and if it breaks 24000 level. it will break further downside to 23500 level.
if not, It may rebound from 24000 level and continue to break above.
It will be more cautious to look at the lower timeframe change in 24000 level.
Happy Friday!
if not, It may rebound from 24000 level and continue to break above.
It will be more cautious to look at the lower timeframe change in 24000 level.
Happy Friday!
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DAX is melting down...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.