DAX has held good support at 12670/660 almost perfectly but we have seen no bounce. Therefore a break below 12640 today signals further weakness to 12605/600 and last week's low at 12563 but we could fall as far as strong support at 12535/525 before a bounce. Longs need stops below the May low at 12491/487.
Holding support at 12670/660 targets 12700/705 then 12745 and perhaps as far as the 12790/799 level. If we continue higher obviously look for a test of the new all time high of 12879.50. On a break higher this week we look for 12940/950. We should struggle here initially but further gains in the bull trend target 13000/010 and 13055/060, perhaps as far as 13115/125.