DAX Xetra (cash index)
Moves on the DAX in recent sessions have helped to build a sense that a recovery could be brewing.
However, this near term move needs to now start to push decisively forward and make a key move on the resistance of the overhead supply around 11,000.
This is backed by strong moves through the momentum indicators, with the Stochastics rising strongly and the MACD lines accelerating higher.
The RSI above 50 is also encouraging.
This all points to near term corrections being a chance to buy for now.
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