DAX Analysis 5-November-2024

The presidential elections to be held in the US today will be important for global markets. We may see high volatility in the markets tonight and tomorrow morning. The Dax index will also be affected by this situation. When we put the election aside and look at it from a technical perspective, the 19,000 support remains important. As long as this support remains above, we expect the outlook to be positive. Selling opportunities can be evaluated in movements towards 19,800 above. If the index breaks 19,000, the declines will accelerate.