Aurum Markets Blog Technical Analysis A potential bearish movement on DAX 40

A potential bearish movement on DAX 40

A potential bearish movement on DAX 40 post thumbnail image

A Channel Up pattern was identified on DAX 40 at 23083.0, creating an expectation that it may move to the support line at 22428.5727. It may break through that line and continue the bearish trend or it may reverse from that line.

Supported by Downward sloping Moving Average

Target: 22428.5727 Entry: 23083 Stop: 23439.1

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