Weekly- DAX holding major support of 10600

Weekly- DAX holding major support of 10600

DAX index weekly forecast for 21 to 25 November 2016

DAX index this week closed flat negative on profit booking. After last week’s strong rally we saw some consolidation and correction in this index. Dax above 10600 remain bullish and buy. On upside 10875 will be first swing target for this index if it sustain above 10600. From medium to long term view, dax future above 10820 will become bullish and buy for target 12300+.

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