DAX40 started to recover





We observed a slight decline in the German index after the FOMC had put pressure on US futures. However, projections released by the Germany government welcomed by the markets and investors’ stress levels fell in the markets. Afterwards, the index completed its retracement movement and started to go bullish. If it exceeds 15 445, we will follow 15 580 and 15 735 resistance levels. In possible bearish moves, we will target the range located between 15 205 and 15 100 supports.