Technical Analysis and Outlook
The DAX Index completed its journey towards inner Index Dip 11157 after a steady to lower from Key Resistance 11777. Currently, the Index is consolidating and position itself to perform Dead-Cat-Bounce to weak Mean Resistance 11302 and more serious Mean Resistance 11521. If all else fails, the index will take us to the next major Index Dip at 10658.
The DAX Index completed its journey towards inner Index Dip 11157 after a steady to lower from Key Resistance 11777. Currently, the Index is consolidating and position itself to perform Dead-Cat-Bounce to weak Mean Resistance 11302 and more serious Mean Resistance 11521. If all else fails, the index will take us to the next major Index Dip at 10658.
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