Daily Forecast - 07 October 2015
Dax December contract
Dax first support at 9825/20 but below 9800 risks a slide to better support at 9740/35. This is the best chance of a low for the day but longs need stops below 9700. Be ready to sell a break below to target 9675/70, perhaps as far as support at 9610/00.
A break above first resistance at 9950/60 keeps the recovery going to target strong resistance at 10015/10020 & again at 10055/060. A good chance of a high for the day within this band & perhaps an end to the recovery, but shorts need stops above 10100. A break higher targets 10170 then 10260/270.
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