DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX40 completed or near to completion wave 5 and its last wave 5 has maximum limit is 100 percent generally at level of 14495.Now dax 40 can jump towards 15250 above minimum without touch 15495 level and its last wave 5 is running in extension zone so it can sharply rally above 15250 level very soon.Stop loss is 15480 and it can rally above 15250 above from present levels.
QUICK FUNDAMENTAL LOOK
The blue-chip DAX index was down 1.08% on Friday midday as investors continue to be risk-averse amid the volatile situation in the Middle East, shrugging off a record decline in German producer prices.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.