Dax holding above 13300 allows a recovery
|Dax
Dax 30 December now back above resistance at 13280/300 for a more positive outlook today.
Daily Analysis
Dax holding above 13300 allows a recovery to towards important resistance at the September high at 13440/460. A break above the gap at 13492 is an important buy signal initially targeting 13600/610 & probably as far as the all time high at 13800/824.
Holding below 13250 risks a retest of of support at 13185/175. (This support held the downside). Below 13130 signals further losses towards 13050. Strong support at 12960/930 for profit taking on any remaining shorts.
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