DAX 40 Weekly Technical Analysis – March 03, 2022

Dax 40

DAX 40 Price Technical Analysis: Weekly Chart

Dax 40
  • In the weekly charts,  DAX 40 is trading in a downward channel.
  • DAX 40 is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • DAX 40 will follow a downward trend in the coming weeks.
  • The DAX 40 crucial support level is at 15531.8  DAX 40  which is near 20 days SMA as of now. There are no signs of a Bullish trend.
  • Bears have their tight grip on  DAX 40.

TRADE SIGNAL- DAX 40– SELL: 13,910.80, TARGET:-14,110.30, STOP LOSS:- 13,810.55.

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