Today we are here to talk about the DAX index.
What’s on the market now:
The index is trading at 12,813. In the last trading session, the market opened with a gap down. And now it’s starting to stabilize. It is here that a new upward trend is possible. I expect that in the future there will be positive mood in the market and the index will accelerate its growth to the level of 14000
What I expect in the next 3 days:
I expect the market to reverse and move towards the price of 14,000. This attempt will be broken when the index falls below 12500
What I recommend:
If you want to go short:
Short positions on the index are prohibited.
If you want to buy:
You can try to buy now on the market. I expect the market to be positive. And the upward trend to the level of 14,000 will begin.
If you are not in the market:
If you are out of the market.
I recommend that you go long on the market, but limit your losses. It is better to open short positions from 13,850 – 14,000.
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