ADAMMAC
Long

GER30 DAILY LONG POSITION

FX:GER30   DAX index of German listed shares
369 0 13
Price rallied on friday following an area of consolidation. Bullish momentum to the upside. Confirmed with the cross between the MA's. Wait to see what happens on monday to determine position however, very much a bullish bias .

Target 1: 10400

Target 2: 10700

Assess the market at critical levels of interest.
Comment: Market looks like its beginning to move back down to the 38.2% fib after bouncing off a minor level of resistance at 10333.
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