DAXEUR

The German Stock Index is trying to hold above the pivot level of 21108.67. The first resistance is observed at 21274.43, while the first support is at 20909.78. Signs of recovery in the European economy support the index, while the financial results of German companies are sending mixed signals. Expectations regarding the ECB's monetary policy and sector rotations are increasing volatility. If a close above 21400 occurs, 21600 can be targeted, while 20900 stands out as critical support during pullbacks.