Thursday, October 15, 2026

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DAX30 struggles to break above 9900, targets 9300

Major resistance - 9925 Major support - 9660 (200 day 4 HMA) DAX has retreated after making a high of 9900. It is currently trading around 9710. Short term trend is still weak as long as resistance 9925 holds. On the hig…

By Lis Howell
1 min read
DAX30 struggles to break above 9900, targets 9300
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  • Major resistance - 9925
     
  • Major support - 9660 (200 day 4 HMA)
     
  • DAX has retreated after making a high of 9900. It is currently trading around 9710.
     
  • Short term trend is still weak as long as resistance 9925 holds.
     
  • On the higher side minor resistance is around 9797 and break above targets 9925/10160.
     
  • The major support is around 9660 and break below targets 9480/9320 in short term.

It is good o sell on rallies around 9725-30 with SL around 9900 for the TP of 9440/9300

 

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