Dax futures headed lower to fill the gap down to 7640/32. We suggested exiting shorts and trying longs with a tight stop below 7620. The low was 7636 so this trade worked very well as we rallied back up to 7700.
7700 is tricky resistance today and daily charts have a more negative tone now so we could see the market under pressure again. We could head back to support at 7676/70 but below 7660 we could retest that 7640/32 area. Try longs again with a stop below 7620 for a test of good support at 7603/7593. We would expect a low for the day here and quite possibly for the week if this area is seen so this would be an excellent buying opportunity.
A move back above 7705 however sees 7715/21 then 7740/45. Above here look for 7769 but little chance of any higher today.