DAXEUR

DAX INDEX The day we left behind, European stock markets started the week with an increase, parallel to the positive trend in US stock markets. While the DAX index gained nearly 1%, the DAX index futures contract opened the second trading day of the week at 16770. As long as the DAX40 index moves above the 16726 - 16800 region with support from the 34-period average, positive expectations are at the forefront. In increases, increases towards 16800 - 16890 levels can be observed. In possible decreases, it can be expected that the index moves below the 16726 support and that selling pressure will increase. In this case, the 16600 level can be followed as support. It will continue to remain positive above the 16726 - 16800 region. Support: 16600 - 16510 Resistance: 16800 - 16890