DAX - Cliff at 11,800

FX:GER30   DAX Index
248 0 7

There is still some bullishness in some US indices and Nikkei. This positive posture could last another 2 weeks with 0.5% potential on sp500             and 2% potential on the Nikkei.

With EURUSD             moving back up and the previous excess on DAX             , new tops is unlikely locally.

Alltogether when the DAX             reaches below 11,800 on close it will be trading below cliff             and shall be in corrective mode to 11,300 i reckon.. A level that shall be reached in the next 4 weeks (faster if there is no further upside in the US).
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