{"id":35231,"date":"2020-10-09T11:32:36","date_gmt":"2020-10-09T07:32:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=35231"},"modified":"2020-10-09T11:32:37","modified_gmt":"2020-10-09T07:32:37","slug":"dax-adds-more-points-and-continues-to-be-positive","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dax-adds-more-points-and-continues-to-be-positive\/10\/09\/tech-analysis\/","title":{"rendered":"Dax Adds More Points And Continues to be Positive"},"content":{"rendered":"\n<p>The German DAX managed to maintain its positive stability, posting a session high at 13085 in early tradings.<\/p>\n\n\n\n<p>Technically, we tend to positive, depending on the breach of 12940, which turned into support, with the positive motive of the 50-day moving average, which continues to hold the price.<\/p>\n\n\n\n<p>We will maintain our positive view in the short term, targeting 13130 as a first target, and breaking it opens the door directly to 13180.<\/p>\n\n\n\n<p>Trading below support level 129430 will hamper the attempts to rise, and we will witness negative trading targeting 12880 and may extend to 12830.<\/p>\n\n\n\n<p>Caution: Stochastic is trading around overbought areas.<\/p>\n\n\n\n<p>Warning: the level of risk remains high.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:\u00a0<strong><strong><strong><strong>12980<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong><strong><strong>13130 \u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>\u00a0<strong><strong><strong><strong><strong>12885\u00a0\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>\u00a0<strong><strong><strong><strong><strong>13180\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:\u00a0<strong><strong><strong><strong>12830\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong><strong><strong>13275\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The German DAX managed to maintain its positive stability, posting a session high at 13085 in early tradings. Technically, we tend to positive, depending on the breach of 12940, which turned into support, with the positive motive of the 50-day moving average, which continues to hold the price. We will maintain our positive view in &hellip;<\/p>\n","protected":false},"author":9,"featured_media":35238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,7224,7227],"class_list":["post-35231","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-dax","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35231"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35231\/revisions"}],"predecessor-version":[{"id":35239,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35231\/revisions\/35239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35238"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}