DAX shows a strong development within a rising trend channel.
The 135 has been meet after the break out of the 127,
A further negative development is indicated, and there is resistance against the ceiling of the trend channel.
The index is approaching the support at points 129, a breakout thought may give a negative reaction.
The index has resistance point at 135 and support point at 129
Overall assessed as technically negative for the short term.
Very much appreciate your likes and commends
Have a lovely weekend
Trade safely
Note
Note
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.