DAX 40 TECHNICAL ANALYSIS SHORT TERM VIEW
It is running in positive trend and it is running in wave 3 so it can jump towards17800 levels non stop in form of wave 5 minimum requirement .Important support area is 14700 to 15360 level as shown in graph.Stop loss is 14650 and it can jump upside above 17800 levels .Clearly from upside abc simple zigzag pattern is about to complete or already completed and maximum limit for wave c is 15100 levels so we can also take 15100 stop loss for minimum target towards new life time high towards 16500 levels .
QUICK FUNDAMENTAL LOOK
European shares were expected to rise at the open on Tuesday, supported by a positive close on Wall Street and hopes for a fresh round of easing in China following measures to support the country's battered property sector.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.