The stock markets recover as a discussion between Biden and Xi raises hopes of a thaw in US-China relations.
The Dax 30 has found buying interest on the daily support (15450).
A bullish RSI divergence suggests a loss in the sell-off momentum. Traders were eager to buy the dip in this area of congestion when the RSI showed an oversold situation.
A rally above 15740 would confirm the rebound. 16000 would be the target when buyers regain confidence. Otherwise, a slide below 15450 may trigger an extended correction.
