Finally DAX breaks 6200 level, now if it maintains this level then DAX has the chance to cross 6400 level. Considering May top DAX gives near about 50% retracement (and around 6508 is the 61.8% retracement level) on the other hand technical indicators are not showing too much over-bought condition so more up moves are quite expected. So long it maintains 6200 range; there is more chance to test higher levels in early to middle of the coming week but things can be different in later part of the week.
If DAX again gets resistance at 6400 and if it drops below 6200 in coming week then it has a chance to continue with the lower highs & lower lows trend which it is following during couple of months. But the options of any reversal or some kind of bullish pattern (medium to long-term) will be there if DAX maintains the level above 5900. But if it goes below that then 5800 will be an important support level for DAX and if it breaks that then it has the option to test lower levels may be around 5400.
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