DAX 30 - uptrend
Today, the highest peak of the last session, but quickly fall to the bottom of the previous bar. Yet the price is more than 9846, no deeper bottom. Formation is still longova despite the negative movement in the morning.
The index is a positive formation. the correction today can give us good places for new buy positions. We must go 30 minutes chart to determine the input.
The negative movement this morning may be due to caution ahead of the vote of the Greek Parliament for the presidential election.
3 trading sessions remain until the end of the year, there may be an increase in volatility.
There is also a tacit rule. Rallying before Christmas, leading to a decrease in the market after the Christmas and New Year.
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.