We welcome you by the last DAX analysis of the month. We expected a downside yesterday with lazy price action. It was pretty clear shortly after the open that the volatility was beyond laziness. The price sliced through the support of 12 368 like a knife and within two hours, Dax stretched its range to some 170 points. Today we open with an ascending gap.
Important zones
Resistance: 12 284, 12 195
Support: NIL
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of breaking yesterday's low is 83%
Macroeconomic releases
USA - 20:00 CEST - Federal Funds Rate + FOMC Statement
USA - 20:30 CEST - FOMC Press Conference
Today's session hypothesis
We have a high probability of breaking yesterday's low and therefore all our short trades have a clearly defined target. Another good key for today's price estimation is the increased probability of Dax closing inside yesterday's range. Sellers could step in around 12 195, if not sooner. Some bullish powers can be anticipated after yesterday's low breakout.
Important zones
Resistance: 12 284, 12 195
Support: NIL
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of breaking yesterday's low is 83%
Macroeconomic releases
USA - 20:00 CEST - Federal Funds Rate + FOMC Statement
USA - 20:30 CEST - FOMC Press Conference
Today's session hypothesis
We have a high probability of breaking yesterday's low and therefore all our short trades have a clearly defined target. Another good key for today's price estimation is the increased probability of Dax closing inside yesterday's range. Sellers could step in around 12 195, if not sooner. Some bullish powers can be anticipated after yesterday's low breakout.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.