DAX is one of the most popular indices in the world. It is listed on the Frankfurt Stock Exchange. Virtually every day there is a very high volatility which gives ample of trading opportunity.
Summary session 10.01.2017
Yesterday’s session on Frankfurt stock market closed slightly on green. Investors are waiting for concrete solutions for investment in the US announced by Donald Trump.
DAX consolidates between levels of 11500 points. and 11650 points. Only breaking one of them will let the market move strongly upwards.
DAX Intraday
DAX from morning consolidates under resistance 11580 pts., which broken opens way to 11605 points. On the other hand a decline below the pivot point in the vicinity of 11560 points will be a signal that price may test the support S1 in the vicinity of 11525 points.
