DAX

image

DAX

DAX has been in a sharp decline for 4 days. It could not keep up with the upward movement of Nasdaq yesterday. It fell to a critical demand area that we care about daily. If it cannot stay above the area, it seems likely that it will retreat to the EMA50 support around 15735 in the short term. However, since it has been falling for 4 days, it is now a possibility that it should react in this area. Support: 15826 - 15735 Resistance: 15970