DAX

DAX has not yet decisively broken the demand zone. The green average below the price has not been abandoned. A major decline in the index should not be expected unless roughly 15730 is lost. On the other hand, our upward target area of 15950-15970 has already been tested. We are not making an upward target update, the saw is dominant. Support: 15737 Resistance: 15856 - 15888