DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 running in negative trend and its immediate strong resistance are 18512 to 18666 level . Stop loss is 18700 level and it can fall towards 17866 level minimum .Intraday purpose selling is better for targets 18495,18475 and 18500 levels respectively with stop loss 18700 level.
QUICK FUNDAMENTAL LOOK
The DAX added 0.5% to trade around the 18500 level on Wednesday, as traders remain upbeat ahead of the ECB monetary policy decision tomorrow, in which the central bank is set to cut rates for the first time since 2016.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.