the daily chartist

DAX recap for 22.09.2015

published 4 years ago
DAX daily

 The storng sellof in DAX30 continues as the price breached 9782.2 and it is moving to 9260.8. Risk aversion, fears of a global slow-down, strong dollar shaking bonds world stocks overal take a big beating. I think the price will find a resting place aournd 9555 - 9700 for a short consolidating, but I think the knife will continue to fall even more not only in the DAX30, so I do not recommend trying to capture the falling knife.