Market Analysis of DAX40 on Wednesday 10 JULY 2024

2024-07-10 12:24Source:BtcDana

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 17850 level and it can rise towards 18900 level minimum   and main target 19300 positionally . Intraday purpose buying is better for targets 18300,18330 and 18380  levels respectively with stop loss 17850 level. Wave 3 is going on which can take DAX 40 non stop and sharp towards 19300 level .


QUICK FUNDAMENTAL LOOK

                                                                 

Germany equities were lower at the close on Tuesday, as losses in the DAX Construction, DAX Technology and DAX Industrial sectors led shares lower.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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