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The DAX 40 index hit yet another record high on Tuesday and looks to be on track to make another one on Wednesday with the 22,500 region being eyed. Further rotation out of US mega-cap stocks into relatively cheaper German stocks boosts the DAX 40.
Good support can now be seen between the 6 to 10 February highs at 21,950 to 21,925 ahead of the 21,802 late January peak.
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