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 17800 level and it can rise towards 18900 level minimum .Intraday purpose buying is better for targets 18325,18350 and 18380 levels respectively with stop loss 17800 level. Wave 5 should take towards 18900 level with stop loss 17800 level .
QUICK FUNDAMENTAL LOOK
The DAX added 0.8% to trade around the 18340 level on Wednesday, following a 0.9% fall in the previous session, and tracking a general positive mood, as the global chip sell-off paused, and Nvidia's decline halted.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.