During the trading hours yesterday, the DAX lowered its value from 12328.3 to 12259.8 points. This morning the index is traded at 12265.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12336.1 - 12347.6 points, the aim will be reaching and testing the zone 12429.7 - 12435.5. If it is successful, the upward trend will continue to 12488.7 - 12500.2 points. If the DAX drops below the support levels at 12195.2 - 12183.5, it will try to find next support at 12130.3 - 12124.5. In case of breaking down, the downward trend will continue to 12042.4 - 12030.9 points.
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