The DAX confirmed a negative closing while remaining however interior the range of Thursday forming a new inside day with 6215 – 5780 the levels to follow in the coming hours.
The indicators of the daily chart are still positive but a weak closing tonight could turn them already negative. Those of the weekly one are still below the line. We have negative indicators also in the s/t ones supporting further weakness, especially while below the 200 hours line at 6031.
Only an hourly closing below 5767 will however confirm lower levels!!
We remain on the sideline following the inside day!!
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