DAXEUR
The DAX index gained 0.75% and started the day with a seller after refreshing the peak. As long as it moves above the 16360 - 16475 region with movement in the 8-period Evvelopes indicator, positive expectations are at the forefront. In increases, 16725 levels can be monitored as short-term resistance levels. If the index cannot exceed the Bollinger upper band 16725 resistance, 16270 - 16160 will be monitored as short-term support levels with possible pullbacks if the movement continues under the range we follow.. Support: 16602 Resistance: 16798