Aurum Markets Blog Technical Analysis DAX 40 short term bearish trade setup to 23798.8008

DAX 40 short term bearish trade setup to 23798.8008

DAX 40 short term bearish trade setup to 23798.8008 post thumbnail image

DAX 40 is moving towards a key support level at 23798.8008. DAX 40 has previously tested this level 4 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Downward sloping Moving Average

Target: 23798.8008 Entry: 24071.4 Stop: 24179.266

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