Market Analysis of DAX 40 on Thursday 14 September 2023

2023-09-14 13:37Fonte:BtcDana

DAX 40 TECHNICAL ANALYSIS SHORT TERM VIEW      

 DAX 40 has strong support  14676 TO 15354 levels and it can rise towards 16540  levels sharply without touch 14600 level positionally very soon .Overall trend is positive and inner calculations as shown in graph indicating that without touch 15465 dax 40 now should jump for wave 3 towards 16040 levels.Last inner wave v of wave c extended so dax 40 can sharply jump for 15870 levels without touch 15465.

 QUICK FUNDAMENTAL LOOK                                                                     

Germany's DAX index lost 0.39% when trading closed Wednesday, joining other European markets in retreat, as inflation in the world's largest economy heats up, prompting concerns for further monetary policy tightening.

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

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