German DAX Maintains Bullish Path

The German DAX index maintains positive stability, recording its highest level during early trading for the current session 14,561.

Technically, we tend to be positive in our trades depending on the positive motive coming from the 50-day moving average, in addition to trading stability above the support level of 14,480 and in general above 14,390.

Today we target 14,590 as a first target, and the breach thereof is a catalyst that enhances the chances of the upside move towards 14,635. The activation of the expected bullish scenario depends on the stability of daily trading above the support floor of 17,390.

S1: 14480	R1: 14595
S2: 14410	R2: 14635
S3: 14370	R3: 14710