9:52 AM · 6 March 2020

BREAKING: DE30 hits the lowest level since August

After a weak session yesterday the DE30 failed to rebound at the opening today, flirting with 11600 points, the lowest level since August 2019. The primary reason behind the sell-off is a quick spread of the virus in Germany, where the number of cases exceeded 500 and is second highest in Europe, behind Italy. We can see a strong downward trend on m15 interval, where 75 LWMA is continues to pose a strong resistance.

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