DAX Index Feb, 10 2020

Technical Analysis
Monday, February 10, 2020 - 19:54
Point Trader Group

Overview:

The index is trading below a strong resistance level around 13575, which enhances the chances of a decline in today's trading

Expected:

Continuing trading below the aforementioned resistance level might push the index down to 13000

Alternative Scenario:

On the other hand, we see that if the 13575 level is broken up, this indicator could push up to 13900


 

Resistance135751376013900
Support132501310013000

 

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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