German Dax Index is testing 13300 resistance. With the vaccine news optimism Dax rally from 11600 to 13300. But with the deteriorating Covid-19 situations, over-optimism may come to its end. If 13300 resistance continues to hold we may see a profit realization to at least 100-day average and if the average break below, to 12380.
Tonight, ECB, FED, and BOE chairs will speak at the Central Banking Forum. An increase of asset purchases hint may give some boost to the upside. Over 13300, 13820 can be followed as the next resistance level.
