Cabana Capitals Blog Technical Analysis DAX 40 approaching important level of 18707.0000

DAX 40 approaching important level of 18707.0000

DAX 40 approaching important level of 18707.0000 post thumbnail image

DAX 40 is heading towards a line of 18707.0000. If this movement continues, the price of DAX 40 could test 18707.0000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by RSI below 40

Target: 18707 Entry: 18560.2 Stop: 18486.2

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