DAX is one of the most popular indexes in the world. It is listed on the Frankfurt Stock Exchange. Virtually daily there is a very large volatility that gives many trading opportunities.

Summary of the session 13/07/2018

The growth on the German index reached last Friday 0.38%, which means that throughout the last week the DAX30 gained only 0.36%. Looking at the German stock, we can see that the index is currently fluctuating around a fairly important resistance zone, which rejected could open the way for another decline.

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DAX Intraday

At the 30-minute interval, we notice that the course is moving inside the growth channel. So that we could talk about a possible change in the market’s attitude, this one would have to slide below the level of 12,500. Considering, however, that Monday’s session promises to be quite calm (at least in terms of a lack of significant macroeconomic publication) it is possible that the market will move in a horizontal trend.

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