DAX continues to trade within the broader prevailing trend, with recent price action showing signs of a breakout phase.
Key Level: 24480
This area previously acted as a consolidation zone and is currently being monitored as a notable support level.
Scenario Above 24480
If price remains above 24480, market structure may continue to reflect near-term upside pressure. In this context, the following levels may act as reference resistance areas:
25360 – Initial resistance
25600 – Psychological and structural level
25900 – Extended resistance on the longer-term chart
Scenario Below 24480
A sustained move and daily close below 24480 would indicate a shift in the current short-term structure. In that scenario, the following levels may become relevant on the downside:
24316 – Minor support
24140 – Stronger support and potential demand zone
Conclusion
DAX remains above an important technical area, with 24480 acting as a key reference level for the current price structure. Price behaviour around this zone may help determine whether the market continues within the recent uptrend phase or transitions toward further downside continuation.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Key Level: 24480
This area previously acted as a consolidation zone and is currently being monitored as a notable support level.
Scenario Above 24480
If price remains above 24480, market structure may continue to reflect near-term upside pressure. In this context, the following levels may act as reference resistance areas:
25360 – Initial resistance
25600 – Psychological and structural level
25900 – Extended resistance on the longer-term chart
Scenario Below 24480
A sustained move and daily close below 24480 would indicate a shift in the current short-term structure. In that scenario, the following levels may become relevant on the downside:
24316 – Minor support
24140 – Stronger support and potential demand zone
Conclusion
DAX remains above an important technical area, with 24480 acting as a key reference level for the current price structure. Price behaviour around this zone may help determine whether the market continues within the recent uptrend phase or transitions toward further downside continuation.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.