Dondada

DAX - Outlook for January and 2018

Panjang
TVC:DEU40   GERMAN STOCK INDEX (DAX)
For 2018 there is no reason why Euro zone should face any major difficulties , the Brexit negotiations look good for EU , and Germany still is the largest and most successful country in the union , as such we will see key support of 13,000 tested and if this breaks then a test of the 12,500 . If a coalition government formed in next week then DAX will gain moment and reach 13,500 in early January . However most likely we will see a steady movement above 13,000 , with resistance at 13,300 . good opportunity to go long .
Penafian

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