We hold a neutral view on the Dax as the ECB indicated today there would be no change to monetary policy going forward keeping Eurozone interest rates on hold and continuing stimulus. Additionally, the index has consolidated around long term resistance above 13,000 as we await significant price action at this level before forming a directional view.
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.
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.