9:22 AM · 1 June 2021

Chart of the day: DE30 (01.06.2021)

The first session of the month brings good moods on the stock market. One hour after starting trading in Europe, the German DAX stock index rose by 1%. In recent days the index has been moving in consolidation, but if today's morning surge is maintained, a further move to the north is possible. From a technical point of view, the nearest major resistance is located at 15,720 pts and is marked with the 127.2% external Fibonacci retracement.

DE30 interval D1. Source: xStation5

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