DAX 40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 has strong resistance 15745 TO 15800 levels and it can fall towards 15575 levels sharply without touch 15850 level .Overall trend is negative and as long as it holds resistance it can fall towards 15465 level as well.Inner calculations suggesting for intraday purpose 15850 stop loss and it can fall below 15575 level sharply due to irregular correction as shown in graph .Final stop loss is 16040 for main target 15575.
QUICK FUNDAMENTAL LOOK
Optimism is above average for the first time in four weeks in the latest American Association of Individual Investors (AAII) Sentiment Survey. With this, pessimism is at a four-week low, while neutral sentiment is at a seven-week low.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.