DAX30 Technical Analysis

2 Unexpected Ways Dax Can Give You Better trade

The DAX  (German stock index)) is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the electronic Xetra trading system. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization

Many traders have been waiting for the release of NFP in order to place their positions. Now the reading has under delivered, this will The Friday close enable traders to continue to trade their position.The Friday close was particularly significant because it continued the bearish momentum from the Thursday and closed once again at a new low
from the technical side, we can see the prices below 9200 - that tell us that the momentum is still kicking and the next support level will come at 8960+ and after 8690+_ and the win number placed in 8200+_ area 

dax 30

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