DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Every day there is very high volatility which gives a lot of trading opportunity
Summary session 11/24/2016
In Europe, the indices ended the session slightly green. Less volatility stemmed from closed US stock exchange. Markets remain optimistic despite the fact that the December rate hike by the ocean is virtually a foregone conclusion. However, equity markets already discount the next move of the Federal Reserve and now investors are playing on the announcement of fiscal stimulus- announced by the administration of Donald Trump.
More technical analysis from Admiral Markets
Indeks DAX throughout the week fluctuated around 10700 points. and only a clear overcome the resistance of 10750 points should give a powerful impetus to growth.
DAX Intraday
DAX at the beginning of the session broke from the bottom pivot point in the vicinity of 10690 points. and stopped only in the vicinity of support 10655 points. Breaking this level will open the way to S2 in the area of 10620 points.
