GER40 There we are! It's funny how such events always happen, when I'm away from the screen. So who dares to buy against a 1200 pip drop, one hour before NFP? :)
GER30 DAX is approching 300EMA at 20,300. The Oct-2022 bottom was at 12,000. The major support trendline from Oct-2022 to April 2025 is between 19,500 and 19,000. DAX is heavily weighted in industrials, chemicals and Auto giants like VW,BMW and Mercedes. Until there is some effective plan from EU, expect the DAX to keep sliding.
GER40 down until close, and then monday gap down again is a likely, there is much more room to a great demand zone.
GER30 When will this crash end?!?
