DAX analysis| 1D Timeframe
• The Dex index, like other indices, was under the influence of the omicron warning fundamentals as well as the central bank interest rate change policies, which have already made a good recovery price.
• But there is still a strong risk of Omicron virus in the market, and this can be seen from the low volume of price transactions at the time of recovery. Which will probably increase the price drop and further correction.
• If the price can exceed 16050, we will see the continuation of the upward movement of this index to 16700.
• But there is still a strong risk of Omicron virus in the market, and this can be seen from the low volume of price transactions at the time of recovery. Which will probably increase the price drop and further correction.
• If the price can exceed 16050, we will see the continuation of the upward movement of this index to 16700.
Disclaimer
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.