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DAX weighed down after no new stimulus measures – DAX 30 Market Outlook – 11/09/2020

SquaredFinancial

No new stimulus measures and an unchanged ECB policy weighed down on European stocks in yesterday’s session, with the Dax retreating though still printing above all moving averages on the daily chart. 13135 is the key support level to hold in today’s session for bullish momentum to pick up favoring a retest of 13300 resistance level.

Support: 13135/ 13000
Resistance: 13200/ 13300

SquaredFinancial Daily Market Outlook


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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/dax-weighed-down-after-no-new-stimulus-measures-dax-30-market-outlook-11-09-2020
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