Dax gave up on strong resistance at 9800/9820 & broke 9715 in mid afternoon for a move towards good support at 9666/60, but bottomed at 9675. The key
Dax September contract Daily Forecast - 10 September 2014Dax gave up on strong resistance at 9800/9820 & broke 9715 in mid afternoon for a move towards good support at 9666/60, but bottomed at 9675. The key for today is 9666/60 therefore. Try longs with stops below 9645. Go with a break lower & look for the next downside target & good support at 9590/80. Try longs here again with stops below 9555.
Immediate resistance at 9716/24 but above here we can try for 9760/65. If we continue higher we meet the September highs at 9790 to exit longs & try shorts up to strong resistance at 9800/9820.
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