Since the beginning of the year, the index gained more than 4.0% and last week ended with a rise of 1.5% nonetheless remains in a bullish phase since early January. Last week the German main index initially fell but found enough support 10-week moving average to erase all losses and managed to close near the high of the week, in addition closed above the previous week high, which suggests a strong bullish momentum. The stochastic is showing a strong bullish momentum and is above the 50 mid line. It seems that 10-week moving average is providing a dynamic support for the DAX 30 as it is about to test the 2017 high. This critical price point may set the stage for a potential double top pattern or provide a solid support for the continuation of the bullish run. Expecting a downward move to a key level at 12,948 (scenario 1) on a bounce from 2017 high at 13,530 however a break above the 2017 high at 13,530 may set in motion another upward push to a Fibonacci expansion at 13,760 (scenario 2).