DAX bounces back

The DAX rallied strongly off primary support at 9000. Recovery of 13-week Twiggs Money Flow above the descending trendline would suggest that medium-term selling pressure is easing. Breakout above 9800 would signal an advance to 10600. Breach of primary support is unlikely at present.

DAX

DAX Volatility retreated below 20, indicating low risk typical of a bull market.

DAX