DAX

12:49, 07 May

DAX

German industrial production declined by 9.2% above the market consensus of -7.5%. We see that there is a weakness economic outlook on Germany. Now, we follow the main technical levels. 

10.760 is the key resistance level for Dax index. We expect some easing if the index stays remain below 10.760 resistance level.  

Resistance levels : 10.760 – 10.900 – 11.100 
Support levels : 10.550 – 10.400 – 10.300