Dax - 4 Hourly

The DAX continues to hold support below dating back to 9th May 2022

From a technical aspect, the DAX remains positive. Support sits below on the 4 hourly timeframes at 14,375, followed by 14,335. A break below here could take the DAX towards 14,200. Towards the upside, initial targets/resistances sit at 14,609 followed by the monthly high of 14,712. A break above here takes the DAX towards the 15,000 area. RSI remains neutral at 53 and MACD is trending slightly bearish. A decline towards or near the support before entering would be more favourable than jumping in now.