DAXEUR

Dax index The DAX index, which recorded a 0.6% increase in parallel with the optimism in the US stock markets the other day, can be followed for the index movements of the US and European stock markets during the day. As long as the DAX index moves within 16900 - 17045 with support from the 34-period average, the decision-making stage scenario is at the forefront. For positive expectations, the index may need to close above 17045. With the break of the 17200 psychological resistance, 17300 - 17400 levels can be targeted. With the continuation of the movement under the 16900 support, 16726 - 16600 will be followed as short-term support levels. In declines, it can be expected that sales will gain momentum with the index breaking the 16726 support downwards. Support: 16726 - 16600 Resistance: 16900 - 17045