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DAX Index Price Forecast September 14, 2017, Technical Analysis


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The German index rallied a bit during the day on Wednesday, as the €12,500 level has offered support. We are starting to run into little bit of resistance towards the end of the day though, and I think that a pullback from here could happen, and quite frankly we could drop us far as the gap from Monday. However, the longer-term uptrend is still very much intact, and therefore I like the idea of buying this market on dips more than anything else. I have no interest in shorting the DAX.

DAX Video 14.9.17

This article was originally posted on FX Empire

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: DAX


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