Dax has broken the celling of a rising wedge which indicates further development in the same direction. The breakout of the 13190 resistance has been meet signalling a well further rise to 13480 The index is between the support at points 13190 and the resistance at points 13480. An ABC Gartley formed at 13000 in conjunction with a double bottom has signalled a beginning of a new trend and may well break the 13190 resistant. A decisive break out above well predicts targets at 13376&13480 The index is assessed as technically positive for the medium long term