DAX40 is getting ready to set new records




Despite the low investor stress (Vstoxx: 17.20) announced by ZEW, an economic research institution based in Mannheim, it is seen that the economic confidence index in Germany, which is the locomotive economy of Eurozone, was registered as 37.7 points, above expectations of 20 points, leading to bullish moves in DAX40 index. Index will target 16 150 and 16 235 levels as resistance levels. On the other side, 16 000 and 15 920 will be our supports.