DAX Update 01/09/2014

INDEX:DAX   DAX Stock Index
DAX             still inside the descendant channel. React from the 8900 until 9600 (61,8% retrac) for me DAX             in a new leg down until 88xx maybe 87xx level. This is time to TRY kill longs. Only a close ABOVE 9600 i change my view.

Short term - still in correction
Long term - bullish
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