Market Analysis of DAX40 on Tuesday 23 JULY 2024

2024-07-23 12:18Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    


 DAX40 running in positive trend and its immediate strong support are 18300 to18400 level .  Stop loss is 18150 level and it can risel towards 18900 level  positionally . Intraday purpose Buying is better for targets 18485,18510 and 18550  levels respectively with stop loss 18150 level .Wave 5 is going on and its minimum upside target is 19300 level and overall trend stop loss is 17750 level .


QUICK FUNDAMENTAL LOOK  

                                                                 

German shares rebounded on Monday, with the DAX index up 1.29% to join a rally of European blue-chip indices following the surprise monetary policy easing in the world's second-largest economy.


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

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