Dax Continues to be Positive

The German DAX maintained its positive stability, a few points difference from the aforementioned target 13130, to hit a high of 131 120.

 The index above 13030 and the most important 12995 enhances the chances of an upside, in addition positive motive from its simple moving averages.

The bullish scenario remains intact, provided that 13130 is broken, and this will accelerate and confirm the strength of the daily bullish trend, targeting 13155 initial target, followed by 13200.

The bullish scenario depends on the price remaining above 12995, and breaking the latter will halt the attempts to rise and put the price under negative pressure with an initial target of 12945 to 12895. Warning: The risks may be high.

S1: 13030	R1: 13155
S2: 12945	R2: 13200
S3: 12895	R3: 13280