DAX 40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 has strong support from 14670 to 15347 levels and positionally it is looking for 16540 target without touch 14650 level.For very short term it should rally for 16044 level without touch 15560 level .Wave 3 or wave c is going on so it can rally sharply over 16044 level and also it can sharply rally for 16540 main target.
QUICK FUNDAMENTAL LOOK
The German DAX index was 0.60% lower on Monday midday as global markets adopted a cautious sentiment ahead of key interest rate decisions from the US and the UK due within the week.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.