DAX levels are messy and unclear as we trade sideways for 6 weeks. Holding above 12735/745 re-targets 12790/799 before last week's high at 12827 and May double top high at 12840/841. If we continue higher obviously look for a test of the 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.
Good support at 12660/650 but a break below last week's low at 12633 signals further weakness to the June low at 12620/616 and perhaps as far as the 2 week low at 12563. If we continue lower look for strong support at 12535/525 before a bounce. Longs need stops below the May low at 12491/487.