DAX 10.02.2021

Technical Analysis
Wednesday, February 10, 2021 - 11:20
Point Trader Group
DAX 10.02.2021

Overview:

Prices are moving in a short term bearish direction

Expected:

The index is trading at a strong support level around 13922, which enhances chances of a bullish move during today's trading to 14090

Alternative Scenario: 

On the other hand, we think that if the level of 13922 is broken to the downside, this may push this index down to 13838

Resistance14090.0014265.0014435.00
Support13945.0013922.0013838.00

 

  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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