The 1day MA50 is approaching DAX for the first time in 2 months. This is the first Support on every long term uptrend.
Support A is at 15000 and can be hit on a wick to provide the bounce DAX needs.
Our Target 1 is Resistance A (15660) and long term its All Time High on Resistance B (16300).
The 1day RSI is well supported on its 5 month Rising Support, meaning the index can rebound any moment.
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Support A is at 15000 and can be hit on a wick to provide the bounce DAX needs.
Our Target 1 is Resistance A (15660) and long term its All Time High on Resistance B (16300).
The 1day RSI is well supported on its 5 month Rising Support, meaning the index can rebound any moment.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.