DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX40 running in positive trend and its immediate strong support are 19965 to 20160 level . Stop loss is 19900 level and it can rise above 20526 level because of double zigzag correction made at level of 20526 shown in graph . Intraday purpose buying is better for targets 20350, 20380 and 20420 levels respectively with stop loss 19900 level.
QUICK FUNDAMENTAL LOOK
The DAX was little changed around the 20320 level on Tuesday, tracking a general cautious mood in Europe, as traders await monetary policy decisions from major central banks including the Fed and the BoE.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .