The DAX futures are showing a more optimistic tone today, shifting from concerns over weak US labor market data—which initially signaled economic trouble—to a more hopeful outlook that this might prompt the Federal Reserve to consider cutting interest rates, a move that investors see as positive. This shift in sentiment has provided some reassurance as the new week begins.
Following a brief decline on Friday, the market experienced a rebound today, supported by a weekly demand zone. We’re now watching for a retest of key levels within this zone, which could serve as a potential entry point for long positions, aiming for a continuation of the upward momentum driven by the weekly support area.
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Following a brief decline on Friday, the market experienced a rebound today, supported by a weekly demand zone. We’re now watching for a retest of key levels within this zone, which could serve as a potential entry point for long positions, aiming for a continuation of the upward momentum driven by the weekly support area.
✅ Please share your thoughts about GER30 in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
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