DAX futures (Dec 2017 contract is FDXZ7, continuation contract is FDXc1)
With the rising wedge intact, near term weakness remains a chance to buy.
DAX futures have so far held up well on the negative implications of the uncertainties of the Federal Election and the geopolitical tensions.
This shows that the buyers are still strong in the market.
The market has closed lower for the past two sessions, but each time above the opening gap lower and this reflects positivity.
Another lower open today but the early weakness seems to once more be supported.
Daily momentum indicators remain positively configured with the RSI still in the mid-60s and Stochastics holding well above 80.
The hourly chart shows the market is testing the positive momentum configuration and the hourly RSI needs to hold on above 40.
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