The Dax was able to finally break the resistance level at 12488 on the 11th of October, and the news of a potential Brexit deal being agreed between the US and the EU led to the Dax to surging up to 12800 yesterday. Therefore, we expect the DAX to continue rising towards 13000 but we believe there will be a significant amount of volatility and potential downside if the Brexit deal is not passed through the UK parliament this weekend. Consequently, we see the index moving higher as long as prices don't pass through the previous resistance level at 12488.