Dax 30 : Likely to continue inside the monthly range 15130-15330
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Dax managed to stay inside the monthly range, unlike Us indices ,Dax avoided any heavy loss regardless of the situation in middle east as well as the higher inflation numbers from US. Price is likely to continue inside 15130-15330 rectangle with few more Higher highs and Higher Lows ,Speculative Sentiment Index is around 40% and fluctuating rapidly after every spike . Better is to scalp inside the range until we see a major real break out either side.
Trend : Rangebound Signal : Long Scalp 15130 -14950 Target : 15300-15530 Stop Loss/Sell Stop : Below 14800
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.