DAX futures (Sept 2017 contract is FDXU7, continuation contract is FDXc1)
Yet another failure at the key resistance of 12,300 this week keeps the bears in control.
Rallies remain a chance to sell as the market fell away yesterday and is under pressure again today.
The daily momentum indicators have rolled over again at levels where the near term bears tend to take hold once more.
However rallies are a chance to sell and it looks likely that this is a level that will be retested again.