Market Analysis of DAX40 on Thursday 23 May 2024

2024-05-23 17:29Fonte: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 18710,18730 and 18760  levels respectively with stop loss 17470 level. 

 

 QUICK FUNDAMENTAL LOOK                                                                     

The DAX was up about 0.2% to approach the 18715 level on Thursday, remaining close to record levels touched early in the month, as traders welcome a strong sales forecast and upbeat earnings and revenue from Nvidia.

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

Mais