DAX Bulls Must Hold Prices Above 13150/70 To Take Control

DAX Bulls Must Hold Prices Above 13150/70 To Take Control

DAX Weekly Chart

DAX Weekly Chart

bulls must hold prices above 13150/70 to start to take control. Above 13210 retests 13244 with minor short term Fibonacci resistance at 13255. Above here opens the door 13300/310 then 13335/345, perhaps as far as 13370/380.

First support at 13140/130 is key to direction. Below here is more negative however targeting 13110/100 then support at 13060/040. Watch for a bounce from here but longs need stops below 13000.

(Why?)

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