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DAX30 Index Analysis
Time Frame : Hourly Chart
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Watching for sellers to pressure price lower
The DAX30 has had a few rough sessions as the US has rallied. The negative action comes after the Index pushed up into new all time highs and after some positive export data in the European session. Price is now in a prime position to expand on the move lower back down through the 14010 level in the near term. The Anchor holding the current action down is at 14092 so we will be watching to see if sellers will start the push lower or whether we see a retest of 14092.
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Index : DAX30 Index
Current Price : 14037
Status : On watch for 14010 to break
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