The German index fell as much as 7.5% last week amid a global stock market correction. Today, price bounced off key support, where price saw a nice recovery of around 2.5%. Look for a potential reversal as global markets recover.
Scenario One ( Reversal): Price rejects a breakout from the current trend channel. Look for a potential move to the topside of the . Profit levels to look for are 12000.00, 12400.00 and 12700.00 respectively.