Germany’s DAX paints a similar picture to Dow Jones Euro Stoxx 50. Recovery above 9600 suggests an advance to 10600*. Breakout above 9800 would confirm. Completion of another 13-week Twiggs Money Flow trough high above zero would signal strong long-term buying pressure. Reversal below the latest rising trendline is unlikely, but would warn of a test of primary support at 9000.
* Target calculation: 9800 + ( 9800 – 9000 ) = 10600
DAX Volatility below 20 suggests a bull market.
