Monday, May 16, 2011

The DAX in the first hour of the week

The index is holding up at his support line at 7340 points right now and made it up to 7366 in his first hour.
If this line would fail the next significant two are at 7290 and at 7240.
The current consolidation of the DAX since May 1st. isn't over yet imho as mentioned last weekend.

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