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 15.12.2016

Yesterday German DAX index ended the day more than +1% in green. Good mood in the equity markets still remain. Wall Street is also on the rise, even though the Fed was rather hawkish. The index reached yesterday resistance level of 11,400 points and today we have a slight correction. Breaking the level of 11400 points will open the way to next resistance near 11,600 points.


DAX Intraday

DAX since the beginning of today’s session is consolidating around the level of 11400 points. Only breaking of this level will give a stronger move up to R1 in the vicinity of 11440 points.dax30m15

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