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Dax: Buying opportunity at 13480

Dax

Dax 30 March longs at key support at 13870/830 worked perfectly on the bouncefrom 13855 to minor resistance at 14000. (We topped exactly here as I write thismorning).

Daily  Analysis

Dax longs at key support at 13870/830 target minor resistance at 13980/14000 (hit &holding this morning). Above here retests 14120/125 & a break higher targets14300/320. Further gains look for 14385/395 then 17460/490.

Below 13800 meets strong support at 13710/680. A break below 13660 risks a slideto 13600/570, perhaps as far as a buying opportunity at 13480/450, with stopsbelow 13410.

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DAX

Author

Jason Sen

Jason Sen

DayTradeIdeas.co.uk

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