DAXEUR

The DAX 40 Index maintains its upward potential towards all-time highs as it surpasses the trend and achieves a positive outlook, as long as it remains priced above the 24,310 – 24,150 range indicated by the Envelopes indicator. In the event of possible profit-taking, pullbacks to this region may occur down to 24,310 – 24,150; however, a drop below 23,800 in this area could lead the index to experience a pullback towards the 23,800 level.