INDEX:DEU40   DAX PERFORMANCE-INDEX
dax
DAX managed to break out upwards from 12200 resistance last week. I would now state that everything above this level is bullish, and a heads up if 12200 is tested and fails.

With that said, look at a weekly chart of MACD and DAX. The current bull trend is parabolic..

3.bp.blogspot.com/-d...-12+at+12.28.51+.png

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