Daily analysis and trade setups on DAX Ger30 20220725

25 ביולי 2022

Dax is at a pivotal point. Brown Zone B is in strong play. I think it will go where the US markets go. Wednesday's FOMC will keep markets in a tight range.

Macro movers: Germany business climate index

For immediate direction, as far as it remains above 13100, it is in bullish zone.

Blue zones C and B are also in play.

Buy
Breaks: 13225, 13270, 13350,
Reversals: 13100, 12990, 12900, 12830, 12750, 12670, 12620

Sell
Breaks: 13080,12970, 12920, 12850
Reversals: 13370, 13440, 13480, 13550, 13600

For more precise levels, here is the Green Goblins chart >>

tradingview.com/chart/invq78hL/

Confluence levels are here >>