Scroll Top

Continuation pattern on DAX40

DAX40 has broken through a resistance line of a Channel Down and suggests a possible movement to 15681.6671 within the next 24 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 131 days.