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Dax Maintains Bullish Path

The German DAX index maintained positive stability, benefiting from the stability above the support level of 15,200. On the technical side today, we tend to be positive, with the success of the index building on the aforementioned floor, the 50-day moving average supports the continuation of the rise to visit 15,340/15,350 as a first goal, knowing that the breach of it A catalyst that increases the probability that the gains will be extended towards 15,400.

Trading below 15,200 forces the index to retest 15,160 and losses may extend towards 15,090 areas.

Note: Risk level remains high.

S1: 15260R1: 15350    
S2: 15220    R2: 15405   
S3: 15160   R3: 15440   

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