The DAX confirmed on Friday still a positive closing , however well off the highs of the session and however below the resistance of the inside day that it broke on the upside!!
The indicators of the daily chart are however still well positive while those of the s/t ones are mixed this morning. In the hourly chart we have however already potential positive reversals supporting a higher reading. An hourly closing above 6175 will confirm a potential target at 6443!!
Only an hourly closing below 6045 will postpone the move up favouring a deeper correction with the 200 hours line at 5776 the attraction. This possible drop is a great bu8ying opportunity!!
We remain on the sideline for now.
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FUTURE TREND RESEARCH