German DAX Begins The Week on The Rise

The German DAX index continues achieving gains within the expected bullish path, touching the first target mentioned in the previous analysis at 13140, posting high at 13132.

Technically, we tend to be positive, depending on the price building on the pivotal support floor 12920, targeting 13230 as a first target, then 12335.

From below, the return of price stability below 12920 is able to negate the suggested scenario, and we may witness a re-test of 12850. Note: The risk level is still high.