DAX, February 4, 2021
Overview:
Prices are moving in a short-term uptrend
Expected:
The index is trading below a strong resistance level around 14013, which might push the index to go downwards to reach the level of 13905.
Alternative Scenario:
On the other hand, we think that if the level of 14013 is broken to the upside, this index might be pushed upwards 14090.
Resistance | 13989.40 | 14013.01 | 14090.00 |
Support | 13905.00 | 13820.00 | 13800.00 |
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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