EUREX:FDAX1!   DAX FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
Yesterday's Price Action was, unlike two previous days, a great success with regards to our analysis and we made some decent profits. Dax descended to touch the support at 12 008 where we found buyers. This level formed an intraday low and Dax headed higher from there. The price closed at Wednesday's high range and today we open with an ascending gap.

Important zones

Resistance: 12 380, 12 284
Support: 12 150

Statistics for today

Detailed statistics in the Statistical Application

Macroeconomic releases

NIL

Today's session hypothesis

For today, we can expect a similar scenario to that of yesterday. We're looking at an initial descend to Thursday's range and the retest of 12 150 support zone . Sellers are likely to show up around the resistance level of 12 284 or 12 380.
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