Dax Maintains Positive Stability

The German DAX index was able to achieve the first required target located at the price of 15,260, recording a high of 15,270.

Technically, with the index price consolidating above 15,160/15,150 support, which is accompanied by the positive stimulus of the 50-day moving average.

This encourages us to maintain our positive outlook, targeting 15,265 first targets, and their penetration is a catalyst that enhances the chances of the rally to visit 15,320.

Trading below 15,150 will halt the bullish trend, and we witness negative trades aiming to re-test 15100 before attempting to rise again. Note: The level of risk may be high.

S1: 15150	R1: 15310
S2: 15085	R2: 15400
S3: 14990	R3: 15465