The DAX confirmed a negative closing after however confirming good support above the 6000 level. Only a break below this support will favour a deeper correction move that we still want to buy but only close to the 200 hours line, now at 5799!!
The indicators of the daily chart are still well positive and this morning also those of the s/t ones are above the line supporting further strength. In the hourly chart the DAX is already confirming a positive reversal suggesting a s/t target at 6415!!!
We are waiting for a low risk buying opportunity.
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http://www.easyforexnews.net/wp-content/uploads/2011/12/DAX-12.07.11.pdf
FUTURE TREND RESEARCH