Future DAX IMO
We can see the DAX has rocketed up in the past 2 weeks with very little momentum loss until the 24/01/2025.
It made all time highs without finding a new resistant level as of yet, meaning we're most likely looking at a routine bounce from the 21500 mark and more than likely, a steep downfall until we get back to 21000.
Looking in depth at all time frames, it wouldn't surprise me if we fall all the way back to its current major resistance price (18850) and then potentially moving back even higher towards the 2nd half of the year.
It made all time highs without finding a new resistant level as of yet, meaning we're most likely looking at a routine bounce from the 21500 mark and more than likely, a steep downfall until we get back to 21000.
Looking in depth at all time frames, it wouldn't surprise me if we fall all the way back to its current major resistance price (18850) and then potentially moving back even higher towards the 2nd half of the year.
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