Dax futures outlook
Dax hit our selling opportunity at strong resistance at 11500/550 & this trade worked perfectly as we sold off to 11430 on Monday then 11145 on Tuesday, just above our lower target of 11130/120.

#Dax outlook remains negative so below 11130/120 look for a retest of mega important support down to 11000. A break lower looks more likely this time (last time I predicted a strong bounce & we got it) & is a mage important medium term sell signal.

Gains are likely to be limited with minor resistance at 11220/240 & 11290/310. Try shorts at 11350/360 with stops above 11400. Try shorts again at 11550/600 with stops above 11700.

http://www.daytradeideas.co.uk/dax-technical-analysis.html