DAX Trend Remains Up

 | Dec 09, 2014 06:51AM ET

The DAX trend remains up even though 10,000 has been setting a significant technical and psychological barrier to the market. The German benchmark index marked a fresh all-time high yesterday but could not hold on to its gains. There is significant support @ 9.830, before 9.750 and 9.630 before this market hits new record levels in early 2015.

DAX-30, December futures, daily chart, continuous: