DAX closed the week +5,18% and last friday +2,62% on bigger volume than average. Resistance levels marked on the charts, click to open full screen.
On a daily chart, DAX is way out of its upper bollinger band and we might se a correction at the beginning of next week. As long as we stay in/above the green area (seen on the 5min chart at the bottom of this post), bias is up.
Close below 9500 is a heads-up, I’ll post a new update if we close in this area.
DAX weekly chart
DAX daily chart
DAX 5min chart
