• Dax broke round resistance level 15000.00
• Likely to reach resistance level 15500.00
Dax just broke above the key round resistance level 15000.00 – following the earlier breakout of the resistance level 14750.00 and the resistance trendline of the daily up channel from January.
The breakout of the resistance level 15000.00 – if the index closes today above this price level – is likely to accelerate the active impulse waves 3 and (v).
Dax is likely to rise further toward the next resistance level 15500.00 (target price for the completion of the active impulse wave 3).