Cabana Capitals Blog Technical Analysis A final push possible on DAX 40

A final push possible on DAX 40

A final push possible on DAX 40 post thumbnail image

DAX 40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 5 days and may test it again within the next 10 hours.

Supported by Upward sloping Moving Average

Target: 19300.5996 Entry: 19237.6 Stop: 19184.128

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