DAX Forecast February 15, 2017, Technical Analysis

Updated : Feb 15, 2017, 11:26 UTC1min read
Dax daily chart, February 15, 2017
The DAX went back and forth on Tuesday, as we have seen quite a bit of volatility during the day. However, I think that the most important thing to pay attention to is the €11,650 level. That’s an area that is the “floor” of this market, and I believe that
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The DAX went back and forth on Tuesday, as we have seen quite a bit of volatility during the day. However, I think that the most important thing to pay attention to is the €11,650 level. That’s an area that is the “floor” of this market, and I believe that if we reach towards that area that should be an opportunity for buyers to take advantage of value. If we can break above the top of the range for the Monday session, we should continue to reach towards the highs again. Selling isn’t even a thought.

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