DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX40 has strong resistance 15583 to 15662levels as red box marked in graph . Wave 3 or wave c is going on and 15727 is reversal point and it can decline further until this resistance holds.Intraday purpose selling can be done with stop loss 15727 expecting downside 15510, 15480 and 15450 levels respectively.
QUICK FUNDAMENTAL LOOK
The blue-chip DAX index was 0.10% lower on Friday midday after business activity in Germany and the wider eurozone ended the third quarter in the contraction zone amid persisting demand weakness.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.