DAX Follows US Indices in Correction Amid Cautionary Sentiment
Mirroring the US indices, the DAX is undergoing a correction as the overall market sentiment turns cautious. Inflation figures coming in below expectations have bolstered confidence in a potential rate cut by the ECB. The blue line 50MA is the possible next support.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
18700 |
18440 |
18000 |
17600 |
17500 |
17300 |