DAX Correction Amid Cautious Market Sentiment
Reflecting trends in US indices, the DAX is currently experiencing a correction as overall market sentiment becomes more cautious. Lower-than-expected inflation figures have increased confidence in the likelihood of a rate cut by the ECB. The 50-day moving average, represented by the blue line, could serve as the next potential support level.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
18700 |
18440 |
18000 |
17600 |
17500 |
17300 |