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DAX (GDAXI)

Real-time capital.com
Currency in EUR
Disclaimer
17,742.36
-95.04(-0.53%)
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DAX Discussions

Gap up for DAX, a direct consequence of the new All Time Highs on U.S. indices yesterday. 1H broke the 13,250 Resistance and is headed for the next level at 13,290. We have a Death Cross on 1H also. In my opinion the result of today\'s U.S. GDP will be critical. On DAX futures the 0.618 Fibonacci retracement level is 13,342. If it holds then I am expecting a rejection towards 13,150, if it breaks then we will most likely have a full retracement to 13,450. Good luck today, don\'t trade long term patterns right before the holiday break. 1D is still a dangerous Megaphone with an unfilled Lower Low.
What Moving Average do you use ?
Thx EB
Thanks EB, your analysis is always much appreciated.
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