DAX 30 is trading at 12202. At the moment, we expect a tight test of the support area and the continuation of the growth of quotations of the index in the area above the level of 12500. In favor of continuing the development of the bullish trend is the test of the rising support line on the indicator of relative strength.
Technical analysis and DAX 30 Forecast on April 11, 2017
Cancellation of the growth option for DAX 30 quotations will be the soldering and breakdown of the lower boundary of the rising channel with the closing below the 12000 area, which will indicate the continuation of the decline.
Technical analysis and DAX 30 Forecast on April 11, 2017 assumes continued growth in the rebound from the support area on the relative strength indicator with a potential growth target above the area of 12500.
