Thursday, October 15, 2026

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DAX 30 faces strong resistance around 9270, further bullishness only above that level.

Major resistance - 9270 (trend line joining 10876 and 9926) Major support - 9035 (20 day 4H MA) The index has retreated after making a high of 9270. It is currently trading around 9150. Any break above 9270 confirms mino…

By Lis Howell
1 min read
DAX 30 faces strong resistance around 9270, further bullishness only above that level.
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  • Major resistance - 9270 (trend line joining 10876 and 9926)

  • Major support - 9035 (20 day 4H MA)

  • The index has retreated after making a high of 9270. It is currently trading around 9150.

  • Any break above 9270 confirms minor trend reversal, a jump till 9460/9620 is possible.

  • Overall bearish invalidation only above 10000.

  • On the lower side major support is around 9035 and break below targets 8965/8900.  

Buy above break out 9270 with SL around 9149 for the TP of 9460/9620

 

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