KaKeungChoi

DAX - 13 Sept 2016 - S/R Forecast

INDEX:DEU40   DAX PERFORMANCE-INDEX
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dax
Index dropped and reached a strong support zone , expect this support can turn trade around for a nice correction towards upper side, but if a day candle close below it, then index could seek further low towards the support zone below. so watch out, as how a day candle closes, will share much insight towards the future market direction.

Watch out in mid. Oct. where a stronger retreat towards the downside is possible.
Comment: This was the previous Forecast dated 5th Sept. 2016