Thursday, October 15, 2026

Technicals

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DAX30 ‘2618’ trade setup

Double top - 9925 Minor resistance - 9789 (61.8% retracement of 9900 and 9615) DAX30 has jumped till 9789 and slightly retreated from that level. It is currently trading around 9747. Short term trend is weak as long as r…

By Lis Howell
1 min read
DAX30 ‘2618’ trade setup
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  • Double top - 9925
     
  • Minor resistance - 9789 (61.8% retracement of 9900 and 9615)
     
  • DAX30 has jumped till 9789 and slightly retreated from that level. It is currently trading around 9747.
     
  • Short term trend is weak as long as resistance 9925 holds.
     
  • Any break above 9925 confirms major trend reversal, a jump till 10000/10160 is possible .
     
  • On the lower side major support is around 9600 and break below targets 9300/9165.

It is good to sell on rallies around 9775-80 with SL around 9925 for the TP of 9600/9325/9165

 

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