The DAX confirmed another weak closing last night suggesting further downside risk and this could mean still a drop toward the gap up area 5567 – 5463.
The indicators of the daily chart are well negative and also those of the s/t ones are below the line supporting further weakness. Bullish divergences in the hourly chart confirm the negative tone.
Only a return above the 200 hours line at 5871 will postpone the negative scenery favouring a higher retracement probably above the 6000 area.
We remain long; we want even to increase the position at lower levels!!
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FUTURE TREND RESEARCH