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DAX takes another step closer to a full reversal as lifts above 23,200 this morning
The DAX is still making progress this morning and not long ago the index nosed its way above 23,200. That means it is now within clear striking distance of reclaiming all the April losses that saw it dive to a low at 18,489. The reader is reminded of the prior all time record high at 23,476. There really is nothing technically in the way of it entirely reclaiming all that downside move and more. So, what might happen if we see a rebound back above 23,476 this week? Well, it would be amazing if the index were to reach that level and stall again. A long while back updates here noted the potential for index to rise towards 26k. Of course that was before Trump embarked on his tariff agenda in full force. The question now; is such a prospect back on the table? That is for you to decide. The DAX is right now trading at 23,200
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