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DAX Index 25.02 – 01.03

Last week we could see slow grind towards main down trend. Price open at Monday higher and now we can ask important question if DAX find strength to make final push and break out from that trend.

Not easy job as trend is mature but so far so good. Lets see how profit take will impact buyers this week and if they can keep support price here.

Previous chart and update:

Buyers will have prove them selves as this is not top, not yet and prepare for final push which can challenge downtrend.

Target 11680 / 11850

Be ready for Sellers last action also, couple fail attempts to challenge downtrend can end-up with significant decline.

Target: 10950/10760

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