The DAX confirmed a strong closing last night well above the tops of the past few sessions closing also a gap down area.
The indicators of the daily chart are still positive as well as those of the s/t ones supporting further strength. The move up is however also forming potential negative reversals that for the moment we prefer however not to follow also because on the way down the DAX failed to form clear divergences.
We favour an extension of the move up toward the former support line at 6280 where we expect decent resistance.
We remain on the sideline but will try a short position in case of a 6280 overshooting.
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FUTURE TREND RESEARCH