DAX 30: The upward movement in force. 50 period moving average is above the 100 period which shows that the medium-term movement is long. CCI is above 0, which also confirms the positive attitudes.
Although today there is no higher peak of the day, a few have a higher peak. Resistance of short-term upward movement 9927. A break above this level will confirm and short-term upward movement.
Market sentiment is positive by the end of 2015. There are no signs of correction will probably see test levels of 10093 points.
Only decline of the index in 9800 will give a signal for caution, then any short correction will give us appropriate places for long
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.