DAX – Technical Analysis 17/11/2014

Until the beginning of November the DAX has won more than 1000 points. The trend line at 9480 and the simple moving average [200] days could not be broken up. The technical situation would improve above the trend line 9480-9500 and the broken up moving average [200] days.

SUP. 8900- 9050- 9157 .

RES. 9520 – 9570 – 9740.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk