Technical Update - DAX, AEX25, BEL20 & CAC40

GER40 cfd:  Restiance at 16,210. 

AEX25 has now closed above 777 a couple of times but seems to have problems getting higher than 781. RSI is positive suggesting higher AEX levels but a close above 781 is needed for uptrend confirmation.

A close above 781 is likely to fuel a rally to 802 possibly 830. ASML earning alter this week could be the deciding factor.
If AEX fails to break higher it could be caught range bound between 781 and 748 for quite some time.

NETH25 cfd. 781 resistance is key. Could be range bound between 781 and 748. ASML earning alter this week could be key

BEL20 is jumping right from the opening Monday morning trading above its upper falling trendline and above resistance at around 3,668.A that time of writing RSI is also back above 60 threshold indicating higher levels are likely. It requires the Index close s above 3,668 and RSI above 60.

However, there is some resistance around the at around 3,700 which is both around the upper part of the Cloud AND the 100 and 200 daily Moving Averages.
If BEL20 can overcome those obstacles there is upside potential to around 3,850-3,900.

If BEL20 closes below the 55  daily Moving Average currently at 3,630 and RSI fails to close above 60 the Index could resume downtrend.

BELG20 cfd broke above falling trendline testing resistance at 3,679.

CAC40 is range bound between 7,083 and 7,404. Break out is needed for direction.
A close above 7,404 could fuel a rally to 7,600

A close below 7,083 could fuel a sell-off down to around 6,900

FRA40 cfd: range bound between 7,081 and 7,424. Break out needed for direction