The DAX reversed again the previous day’s performance making a negative day reversal; a daily closing tonight below 5817 will support lower levels.
The indicators of the daily chart are this morning below the line as well as those of the s/t ones suggesting further weakness. An hourly closing below 5817 will confirm a continuation of the decline suggesting a retest of the 5666 low. Only an hourly closing above 6036 will postpone further weakness resume the correction suggesting a 6100 overshooting!
We remain on the sideline.
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FUTURE TREND RESEARCH