DAX 30 future trading below week average

dax 30 future daily chart

DAX 30 future forecast 5 November

dax future trading at 8989 with deep loss for today.in intraday made high at 9055 while low was at 8981 and trading near lows.

on daily chart trend is up but technically overbought.correction was due and now happing.now dax 30 future trading below week average of 9015 and heading towards month average of 8885.

on daily chart,dax 30 future rsi is at 68 and off the highs.while cci is already topped out and now forming corrective pattern.

below month average 8650 will be 3 month average and final support for dax 30 future.weaker euro sentiment is now following major European market and expect some correction ahead in equity markets as well.

About the Author

Pramod Baviskar

Professional Financial Market Trader and Adviser Working since 2007 Developer of Trade-master™,Future-master™,Option-master™ and Now Signal-Pro™(Professional Trading system for Amibroker software) Working and Developing Auto-trading robots for various Financial Market. Follow Me on : Facebook-Twitter-Google-YouTube-Pinterest

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