DariusAnucauskas

DAX - Daily - Watch the close!

TVC:DEU30   DAX Index
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OK, so this interesting. We are now at this support level , that could potentially be a bouncing point. But then again, all the brokers know that as well, so could be some forced selling. It's a great level, but be very careful.

The only thing here is to observe today's close:
If it's above 12450, then this support COULD BE a bouncing point,
but if it's below 12380, then we could see some more downward movement.
If it will stay in a tight range (indecisive) today, then there could be some good action Tuesday or Wednesday.

This is just an idea.

Keep an eye on the price action!
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