Wednesday 12 October 2022

Xetra Dax Index: Downside risk 11184/11025 after losing support at 12275 on the monthly cloud chart!

 Xetra Dax Index: Downside risk 11184/11025 a key cloud chart support zone. Xetra Dax lost support at the 12275 front cloud support zone on the monthly cloud chart!


On the weekly the Dax is fighting hard to find support for a potential rebound at the 12151 cloud chart support zone. Downside risk towards 11184/11025 the bottom end of old cloud chart support zones! 

12815 new upside resistance zone as well as 12905/13286 and these levels can be tested if we get a rebound relief rally.





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