DAXEUR

DAX INDEX The DAXEUR index futures contract, which was under pressure under the 17200 resistance in the last two weeks, remained horizontal throughout the week. The index, which started the last trading day of the year at 16720, can be followed for intraday movements in the week where the data flow will be calm in general. As long as the DAXEUR index moves within the 16626 - 16790 region with support from the 34-period average, the decision-making stage scenario is at the forefront. For positive expectations, the index can be expected to rise above the 16790 level. In increases, the 16890 - 16980 levels can be monitored as resistance. In the alternative scenario, the index can remain under the 16890 support and the downward trend can come to the fore. In possible pullbacks, the 16726 - 16600 levels can be monitored as support. Support: 16726 - 16600 Resistance: 16890 - 16980