Market Analysis of DAX40 on Tuesday 5 NOVEMBER 2024

2024-11-05 18:56Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    


 DAX40  running in negative trend and its immediate strong resistance are 19215 to 19296 level .  Stop loss is 19365 level and it can fall  below 18996 levels in short term because of irregular corrections at that level on 15 minute chart  .Intraday purpose selling is better for targets 19125,19100 and 19070 levels respectively with stop loss 19365 level  .


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Europe's STOXX 600 edged lower in early trading on Tuesday as some downbeat earnings, including from Danish firm Vestas and UK's Schroders, weighed, while all eyes remained on the U.S. presidential election.

 

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

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