Market Analysis of DAX40 on Monday 18 SEPTEMBER 2024

2024-09-30 18:27Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    


DAX40  running in positive trend and its immediate strong support are 19248 to 19343 level .  Stop loss is 19170 level and it can rise towards 19617 level minimum   because irregular pattern shown in graph .Intraday purpose buying is better for targets 19370,19390 and 19420 levels respectively with stop loss 19170 level.


QUICK FUNDAMENTAL LOOK                                                                    


The DAX was down 0.3% to trade at the 19420 level on the last trading day of September, following a record high close on Friday, and tracking a general cautious mood in Europe.


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

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