Market Analysis of DAX40 on Wednesday 30 OCTOBER 2024

2024-10-30 12:23Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    


 DAX40  running in positive trend and its immediate strong support are 19356 to 19462 level .  Stop loss is 19270 level and it can rise  above 19685 levels in short term because of irregular corrections at that level on 15 minute chart  .Intraday purpose buying is better for targets 19440,19455 and 19480 levels respectively with stop loss 19270 level  .


QUICK FUNDAMENTAL LOOK                                                                    


The DAX declined by 0.2% on Tuesday as traders focused on quarterly earnings reports and economic data.

 

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

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