DAX40:Index Maintains Recovery Path



It is seen that the DAX40 index, which leaves behind the natural gas and energy pricing between the West and Russia in the European markets, found demand in the global markets with the support of the decline in investor stress (VSTOXX: ~ 22.24). In the closes of the index, which is technically still in an upward trend, closes above the 13 820 level, market players can take the 14 020 resistance, which is indicated by the Fibonacci 100.00 percent expansion line, on their radar. Looking at the possible downside scenario, 13 500 support can be followed closely.