Market Analysis of DAX40 on Monday 2 DECEMBER 2024

2024-12-02 17:41Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    


DAX40 running in positive trend and its immediate strong support are 19460 to 19580 level .  Stop loss is 19415 level and it can rise towards 19850 level   . Intraday purpose buying is better for targets 19635,19660 and 19700 levels respectively with stop loss19415 level. Wave 5 can complete in support and wave 5 can take it towards 19850 level.


QUICK FUNDAMENTAL LOOK                                                                    


The DAX edged down 0.1% to trade at the 19600 level on the first trading day of December, tracking a general cautious mood in Europe, as mounting political instability in France weighed on investors' mood.


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

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