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Daily Market Analysis 15|01|2021: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy is envisaged if price trades above 13919.4 with take profit at 13986.6
Bearish Preference: 
Sell is envisaged if price trades below 13959.5 with take profit at 13831.7
Fundamentals:
None with direct impact on the index.

Comment: DE 30 closed as a doji after rising to intraday highs Thursday as losses in technology stocks offset gains in value stocks ahead expectations that President-elect Joe Biden will unveil a more than $1 trillion fiscal package to boost the economy.

Analysis: SCRUM Team

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