Market Analysis of DAX40 on Wednesday 23 May 2024

2024-05-23 00:52Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW     

  DAX 40 running in positive trend and its immediate strong support are 18490 to 18643 level .  Stop loss is 18470 level and it can rise above 19210 level or higher levels .Intraday purpose buying is better for targets 18700,18725 and 18750 levels respectively with stop loss 17470 level .

 QUICK FUNDAMENTAL LOOK                                                                     

European stocks slipped on Wednesday, hurt by a selloff in automakers following a report about possible Chinese tariffs on imported cars and a stronger-than-expected British inflation data further dampening the mood.

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

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