DAX This rally isn't over yet.

DAX (DE40) has started a strong rebound following the 1W MA50 (red trend-line) test, as we showed last week. This week the price broke again above its 1D MA200 (orange trend-line) and is about to recover its 1D MA50 (blue trend-line) as well.

The latter has never posed as a Resistance in 2025, so we expect the price to break and continue above it without problems. However, given that the prevailing pattern right now is a Channel Down, the uptrend is limited to its top (Lower Highs trend-line).

With the previous Bullish Leg making a +6.43% rise, we expect a symmetric rise this time around to, thus targeting 24350 short-term.

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