Dax heads for short-term correction as rally stalls
The more medium-term outlook trades within a bearish corrective channel, and this will remain untroubled until prices are forced above the 10,800-11,000 points area.
Management and risk description
Set shorts on a break of support to target trending support levels, and place a stop above this morning's high.
Entry: Sell a break of 10,240 points
Stop: A move above 10,290
Target: 10,125 & 10,060
Time horizon: Intraday
— Edited by John Acher
Non-independent investment research disclaimer applies. Read more