DAX is one of the most popular indexes in the world. It is listed on the Frankfurt Stock Exchange. Virtually every day there is very high volatility which gives many trading opportunities.
Session Summary 19.04.2017
Stock markets indecisive due to the election in France and accelerated election in the Isles. Uncertainty prevails, but there is no sign of panic. DAX ended the day with a slight gain of 0.13%, the S&P 500 lost 0.17%, and this morning Nikkei closed the session virtually at the same spot, exactly 0.01% down.
DAX index jumped again above 12,000 points, which means that bulls do not give up and in the nearest future we can move north.
DAX Index broke pivot point and 12,000 points at the start of the session and is currently battling for a R1 breakout at around 12015 points. Breaking this level will open way to R2 near 12060 points.