DAX 30 (Ger30) Futures

Jason Sen DayTradeIdeas.co.uk

Dax June contract

Dax holding minor resistance at 11990/200 targets 11945/955 then 11910/920. Short term Fibonacci support at 11880/870 remains key to direction on the downside. Longs need stops below 11850. A break lower targets 11800/790 then minor support at 11770/760. Best support this week at 11720/710. Longs need stops below 11680.

We held minor resistance at 11990/200 but above here tests 2.5 month trend line resistance now at 12090/100 is key to direction. A break higher meets 100 week moving average resistance at 12250/260.

Author

Jason Sen

DayTradeIdeas.co.uk

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