DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 running in positive trend and its immediate strong support are 17870 to 18115 level . Stop loss is 18320 level and it can rise towards 18900 level minimum .Intraday purpose buying is better for targets 18300,18330 and 18360 levels respectively with stop loss 17850 level. Wave 5 should take towards 18900 level with stop loss 17850 level .
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 .