Stock index DAX 30 continue to move in the ascending channel. At the time of publication of the forecast, the exchange index rate is 11976. At the moment, we should expect an attempt to fall and a test of the support level near the area of 11645. Where should we expect a rebound and continued growth of the DAX 30 quotes to the area above the level of 12600.
DAX 30 Index Forecast and Analysis April 10, 2019
A test of the trend line on the relative strength index (RSI) will be in favor of raising the stock index quotes. As well as a rebound from the lower boundary of the rising channel. Cancellation of the growth rate of the index quotes will fall and the breakdown of the 11250 area. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the DAX 30 with a target below the level of 10750. Wait for the DAX 30 to accelerate the growth of the quotes and close above 12185.
DAX 30 Index Forecast and Analysis April 10, 2019 implies an attempt to test the lower boundary of the ascending channel near the area of 11645. Then continued growth with a potential target above the level of 12600. A test of the trend line on the relative strength index (RSI) will be in favor of raising the quotes. The cancellation of the growth option will be the breakdown of the area 11250. This will indicate a continuation of falling into the area below 10750.
