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Daily Market Analysis 30.11.2023: DE30

Instrument: DE30

Bullish Preference: Buy position is envisaged if price trades above 16235.9 with take profit at 16251.6

Bearish Preference: Sell position is envisaged if price trades  below 16194.4 with take profit at 16180.8

Fundamentals:
Fundamentals:
2:30pm USD
Core PCE Price Index m/m            
Unemployment Claims

Comment: Dax closed bullish Wednesday, remaining on track to post big November gains amid fresh optimism that the economy will avoid recession and ongoing optimism of Fed rate cuts of early next year.

Analysis: SCRUM Team

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