Thursday, October 15, 2026

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DAX30 breaks major trend line resistance 9520, jump till 9625/9797 is possible

Major resistance -9520 Major support - 9300 DAX recovered after making a low of 9318. It is currently trading around 9535. Short term trend is slightly bullish as long as support 9300. On the higher side any break above …

By Lis Howell
1 min read
DAX30 breaks major trend line resistance 9520, jump till 9625/9797 is possible
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  • Major resistance -9520
     
  • Major support - 9300
     
  • DAX recovered after making a low of 9318. It is currently trading around 9535.
     
  • Short term trend is slightly bullish as long as support 9300.
     
  • On the higher side any break above major resistance 9520 (trend line joining 10164 and 9925) will take the index to next level 9625/9797.
     
  • Any break below 9300 confirms minor weakness, a decline till 9148/9075.

Buy DAX30 around 9455-9480 with SL around 9300 for the TP of 9625/9797

 

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