DAX beat very strong resistance at 10900/11000 with shorts stopped above 11100 for a buy signal.
DAX beats 10900/11000 is a strong buy signal as we hit 11177 and could continue higher targeting 10240/260 and 10400/420.
Key support at 11000/10900 – longs need stops below 10800. A break lower targets 10720/700 perhaps as far as a buying opportunity at 10650/630.
Trends
- Weekly outlook is negative
- Daily outlook is neutral
- Short Term outlook is neutral
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