DAX 40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 has strong support 14676 TO 15354 levels and it can rise towards 16540 levels sharply without touch 14600 level positionally very soon .Overall trend is positive and inner calculations as shown in graph indicating that without touch 15465 dax 40 now should jump for wave 3 towards 16040 levels.Last inner wave v of wave c extended so dax 40 can sharply jump for 15870 levels without touch 15465.
QUICK FUNDAMENTAL LOOK
Germany's DAX index lost 0.39% when trading closed Wednesday, joining other European markets in retreat, as inflation in the world's largest economy heats up, prompting concerns for further monetary policy tightening.
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