Since the beginning of the year, the index lost more than 3.0% but last week ended with a rise of over 1.0% and is in a distribution phase since early February. Last week the German main index initially fell but found enough support at 12,096.5 to erase all losses and managed to close near the high of the week, although closed within the previous week range, which suggests being slightly on the bullish side of neutral. The stochastic is showing a strong bearish momentum and is below the 50 mid line. The Index seem to have found some buying pressure near the 2015 low at 12,096.5 to make a pause in the sharp downward correction that began in early 2018. The inside week maybe signaling some market compression and setting the stage for an expansion will it be to the up or down side? Expecting a downward move to a key level at 12,948 (scenario 1) on a break above the previous week high at 12,529 however a break below the previous week low at 12,062 may set in motion another downward push to a weekly support at 11,432 (scenario 2).