Good morning traders!
The daily chart posted doji yesterday which suggested that the recent relief rally was perhaps coming to an end, however this morning, despite a gap lower, we have began to test the high from yesterday.
If the current bullish momentum continues targets to the upside would be as much as 9432 which would be to test the value area the major support from Sept/Oct last year and January this year. I am watching the 4 hour chart for this target
Long term this market is bearish below 10,000, but short term we are bullish above 9070.
Dax Support & Resistance
|200 Day EMA||10377|
No charts today