Date:
The German DAX 40 index dropped to 22,239 on Tuesday and has been sideways trading above that level since then while Tuesday’s high at 22,837 capped.
Below 22,239 lies the 22,212 late February low below which lies the 21 February low at 22,114. Together these lows form good support.
Were it to be fallen through, the late January high at 21,802 may be reached.
Minor resistance above 22,837 can be seen at the February peak at 22,937.
NewsGala, a modern financial media outlet by Zeni Capital Corp. With 35 years of international finance expertise NewsGala strips away the distractions to provide timely and relevant financial news.
Our mission is to position our readers to have the best information to make profitable financial decisions and set realistic goals.
© 2021 Newsgala.com. All Rights Reserved.
