Dax Index - We look to Buy at 11800
|Dax Index - We look to Buy at 11800 (stop at 11745)
Dax Index - Positive overnight flows lead to an expectation of a firm open this morning. Price action is forming a bullish flag which has a bias to break to the upside. Further upside is expected and we look to set longs in early trade. This move is expected to continue and we look to set longs at good risk/reward levels. Levels close to the 38.2% pullback level of 11707 found buyers. Our profit targets will be 11990 and 12050.
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