Technical Analysis – German DAX 30 struggles below 12480; death cross within 50 and 200 SMAs created

German DAX 30 has been moving below the 12480 strong resistance level after the strong sell-off at the end of the previous month. The critical death cross between the 50 and 200 medium-term simple moving averages (SMAs) indicating significant selling interest. Looking at the daily timeframe, the RSI indicator holds below the 50 level and is […]