DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 running in negative trend and its immediate strong resistance are 18168 to 18285 level . Stop loss is 18320 level and it can fall towards 17850 level minimum .Intraday purpose selling is better for targets 18140,18120 and 18100 levels respectively with stop loss 18320 level. 5 minute chart indicating fall towards 18100 in very short term .
QUICK FUNDAMENTAL LOOK
The DAX gained 0.6% to trade aroud the 18175 level on Thursday as traders digest key monetary policy decisions in Europe.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.