DAX30 breaks major resistance at 10000, targets 10400

FX:GER30   DAX Index
191 0 5
Major resistance – 10041 (14th Mar 2016 high)

Major support -9880

The index has broken major resistance 10041 and jumped till 10059 at the time of writing. It is currently trading around 10054.

Short term trend is bullish as long as support 9880 holds.

Any break below 9880 will drag the index down till 9760/9575.

On the higher side break above 10040 will take the index to next level till 10165/10400.

Short term bullish invalidation only below 9300.

It is good to buy around 10030-10050 with SL around 9880 for the TP of 10400
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out