Roller-coaster ride on the Dax-30, testing September lows before ending yesterday’s session in the green as investors battled between worse than expected Gfk Consumer Sentiment data and tightening Covid-19 restrictions in Europe on one hand, and positive news on the vaccine front with the Oxford/AstraZeneca proving to prompt a strong immune response. Technically speaking, an hourly close below 12550 support level should favor further downside.
Support: 12550/ 12400
Resistance: 12600/ 12700