DAX topped exactly at the next target of 13325/335 where a high for the day was expected.
DAX tackles first resistance at 13325/335 and topped exactly here. Shorts need stops above 13345 today, with a break higher to target 13370/380 and 13420/430 before resistance at the high for this year at 13458. A break above 13465/475 obviously required now to target 13530/540 with key resistance at the all-time high of 13590/596 of course.
Holding first resistance at 13325/335 targets 13285/280 and we bottomed exactly here after reaching resistance at 13325/335. Further losses today meet strong support at 13230/210.
Try longs with stops below 13190. A break lower risks a slide to 13150/140 then a buying opportunity at 13110/100, with stops below 13080.
Trends
Weekly outlook is positive
Daily outlook is positive
Short Term outlook is positive