13,500 Will Be Decisive in DAX40



As natural gas prices started to rise again in Europe, some weight was placed on the DAX40 index. However, we see that the demand for the index remains alive due to the recovery of investor risk appetite in global markets. Technically speaking, if the DAX40, which we think will continue its upward attempts at the permanence above 13 500, which points to the line of the ascending minor trend if can leave the 13 850 level behind permanently, it can continue to rise until the psychological 14 000 resistance. In the possible transition below 13 500, 13 340 support can be brought to the agenda.