DAXEUR

We are in the middle of the week. While the second round of French elections (July 7) is awaited in the European arena where political uncertainty occupies our agenda, the countdown has also begun for the UK elections (July 4). When we examine the index performances, the main indexes Dax40 and FTSE100 are on a negative course in terms of weekly performance, while the Euro Stoxx continues to remain in the positive zone. While the indexes on the Italian, French and Dutch sides remain optimistic, we observe that Spain has diverged here and created a major negative course. When we evaluate technically, as long as the 21 (18074) period exponential moving average currently supports the 18110 level, the positive trend may continue. If the upward demand continues, a movement area may form towards the 18320 and 18410 levels. Support Levels are the 18110 – 18020 range. Support: 18110 – 18020 Resistance: 18320 – 18410