DAX Index_H4_Trend analisys & levels
As described on the chart, we're now on a lower trading range level trying to retrace a bit after this morning big dump supported by the USA indexes too.
I think that the markets is waiting for tomorrow to make a movement, FED will talk about interests rates.
Probably it will announce that the rates will rise shortly, and in this case i suppose that the global markets will dump a bit on yearly's supports. I mean below 12000 for Dax index, below 2700 for S&P and below 6900 for Nsdq tech index.
I think that the markets is waiting for tomorrow to make a movement, FED will talk about interests rates.
Probably it will announce that the rates will rise shortly, and in this case i suppose that the global markets will dump a bit on yearly's supports. I mean below 12000 for Dax index, below 2700 for S&P and below 6900 for Nsdq tech index.
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