equity_market_observation_featured

Equity Market Observation 26.10.22
DAX Index

After trading as low as 11800 in early October, we have seen corrective rally into the longer term down move characterized by a series of lower tops and lower bottoms. Trend-line resistance comes in today around 13250 area. We are watching this area closely on a closing basis and could define the remainder of the quarter.

*Market Observations are NOT trading recommendations*

About SGT

SGT is a multi-asset trading and investment specialist; setting the standard since 2006.

Risk Disclaimer

CFDs, FX, Crypto and any other leveraged products are complex instruments and come with a high level of risk of losing money due to the leverage used in these products. You should consider whether you understand how any product you trade or invest in is suitable for you, and whether the risk involved in trading or investing into these products is acceptable.

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