Germany’s DAX broke resistance at 9600, heading for the psychological barrier of 10000. Reversal below the secondary trendline is unlikely, but would warn of a correction. Completion of another 13-week Twiggs Money Flow high above zero would signal strong long-term buying pressure.
* Target calculation: 9400 + ( 9400 – 9000 ) = 9800
Low DAX Volatility suggests a bull market.
