The next step was the significant jump above the Retracement (38.2 per cent) at 11,250 and the upper trend channel line at 11,255.
Furthermore the trend line at 11,454/11,467 was broken up. Currently the German stock market is trading slightly above the Retracement (23.6 per cent) at 11,690. The DAX could continue his way to the next psychological price level at 12,000.
The mentioned trend line at 11,454/11,467 and the Fibonacci retracement at 11,250 are now important supports again.