Thu Nov 11, 2021
16 000 will be decisive in DAX40
Investor stress is low in international markets. And ECB's monthly report indicated that economic recovery continues despite coronavirus variants and the energy crisis. As a result DAX40 index set a new record again. If the index stays above 16 000, bulllish momentum will take it to 16 190 and 16 275 resistance levels. In case of a decline below 16 000, 15 920 and 15 815 support levels will be on our radar.