German Index DAX (The Bull is still in control)
View On German Index DAX (14 July 2023)
DAX is in
* Bullish in short term (Intraweek)
* Neutral in Mid term (1 to 3 months)
* Neutral Long term (3 months onward)
We had a great swing back in the DAX in the recent days.
It shows that the market is not ready go lower anytime soon.
We may see a temp pull back right now but I do not think it will last.
15,900 will be a good support region.
Sooner or later, I expect it to go UP higher to retest the high of 16,300 region again.
DYODD, all the best and read the disclaimer too.
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Thank You!
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