Technical Analysis:
The DAX 40 index looks promising at the current levels, particularly around the 0.618 Fibonacci retracement level. We are observing a potential buying opportunity for a further upside move. According to wave theory, it appears that wave 3 is extending, as indicated by the price action. While we are optimistic, we won't aggressively buy at this stage. Instead, we will wait for confirmation to ensure a favorable risk-reward ratio at these levels.
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