DAXEUR

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DAXEUR

The day we left behind, European stock markets were positive throughout the session, while Adidas's performance above expectations in the last quarter supported the rise in the DAX40 index. The DAXEUR index futures contract, which limited its declines with the support it received from the 18000 level, started the day with buyers at the 17993 level. When we technically examine the short-term pricing of the DAXEUR index, we are following the 17900 -18000 region. As long as the index is below the relevant region, negative expectations are at the forefront. In the continuation of the decline, the 17700 - 17600 levels can be followed as support. For positive expectations, the index can be expected to remain above the 17900 level. If the 17800 level works as support, recoveries can be observed upwards towards the 17900 - 18000 levels. Support: 17700 - 17600 Resistance: 17900 - 18000