DAXEUR

With the rise of the far-right in the European Parliament to the first party in France, Italy and Austria and the second party in Germany, along with the French President's (Macron) dissolution of parliament and the imminent early election, the European indices started the week negatively. The Dax40 carried the negative pricing reaction it exhibited during the day to the critical 18430 level and even fell below it a little, but since it did not create a permanent reaction, it created some signs of recovery. When we examine it technically, we are following the 18500 - 18600 region. For positive expectations, it can be expected that the index will move above the relevant region supported by the 20 -89 period exponential moving average. As long as the index moves below the relevant region, negative expectations are at the forefront. In declines, 18400 - 18300 can be followed as support. In increases, 18600 - 18700 levels can be followed as resistance points. Support: 18400 – 18300 Resistance: 18600 – 18700