Best Buying Zones for the German DAX Index in the Medium and Long Term

The German DAX index is still moving sideways. Currently, the index is moving towards support and demand zones, which represent the lower boundary of this sideways movement.

The identified demand zones, which are also strong support levels, are considered the best buying opportunities for the index at present.

Expected Targets

If the index rebounds from the demand zones near the 23326 level, we expect to see it rise to the targets of 23750 and 24300, respectively.

However, if the demand zones are broken by a full daily candle, the index may continue its decline, potentially reaching the 21600 level.