Quotes stock index DAX 30 is trading at 11999. At the moment, the index continues to move in an uptrend and is trading above the moving average with period 55, which indicates a potential continuation of an upward trend.
Bollinger Bands forecast DAX 30 on February 24, 2017
We should expect a small correction DAX 30 index quotes to middle Bollinger Bands indicator strips from which is again expected to rebound and continue to grow. Area shopping for conservative index DAX 30 is located at the lower end of the indicator strips near the region 11700.
Cancellation option of an upward trend will drop and the breakdown field 11640 that indicates the likely shift in favor of a bearish trend.
