DAX40 hit the highest level of the last 6 weeks



European Commission warns the markets against high volatility in the energy prices. Also in the US, positive news on the spending plan of the POTUS raises the investors’ risk appetite, supporting German Index. As a result, bearish moves halted in the index and if 15 885 resistance is exceeded above, 16 000 level will be on our radar. On the other side, we will keep an eye on 15 620 against possible downward movements.