Market Analysis of DAX40 on Tuesday 26 September 2023

2023-09-26 19:00Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW     

 DAX40 has strong resistance 15432 to 15540 levels as red box marked in graph . Wave 3 or wave c is going on and 15570 is reversal point and it can decline further until this resistance holds.Intraday purpose selling can be done with stop loss 15570 expecting downside towards 15140.

 QUICK FUNDAMENTAL LOOK                                                                     

German shares remained in the negative territory on Tuesday amid an impending US government shutdown, alongside growing concerns about the impact of higher oil prices on central banks' ongoing fight against inflation.

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

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