The week's indices started the week with the potential for some pullback, while Germany's DAX retreated to 15,100 from 15,500. The indexes, which were under pressure with bond yields rising next week, took a deep breath with the retreat back to 1.55 percent. Thus, we see that the DAX index closed yesterday's session at 15.195, up 0.44 percent. Germany's 10-year bond yield also rose 2 basis points to a seven-week high of -0.24%. The fact that restrictions on the COVID-19 pandemic are maintained in Germany in particular continues to trigger concerns about the economic recovery. On the other hand, the fact that the Bundesbank of Germany indicated that the upward trend in industrial production in Germany did not continue in the two months of the year, pointing to a significant contraction in the first quarter, was another factor that suppressed index rises. 

Concerns about the devastation of the pandemic on the economy, continue to disrupt risk appetite in the global markets. However, despite this, we see that the DAX index has added record highs to its new records in a short period of time.

When looking to the sectoral distribution, six of the ten sectors in the DAX index ended the day with gains. Index rises are particularly pressured by sales in the infrastructure and real estate sectors. The healthcare sector was the most positive sector on the day, up 2.3%. 

Today, the interest rate decision, which will be announced in parallel with the Central Bank meeting, which will be held especially on the ECB side, is on the critical agenda of the index. 

In light of all this information, the index may not be very persistent in its declines if it maintains the 15,100 threshold. In the recovery from this level, we gradually follow the resistance thresholds of 15,500 and 16,000. However, it is worth considering the support levels of 14,750 and 14,400 for withdrawals that may occur due to a possible close below 15,100.