Dax March contract Forecast for 28th January 2013

Dax March contract Forecast for 28th January 2013
Dax March contract Forecast for 28th January 2013
Dax futures finally broke the 7795/7805 resistance today as we head towards our target of 7896/7906 to take profit on longs. A push through here would see us on the way to 7930/33 and then 7988/96.

The bull rally continues so any weakness today should offer a buying opportunity with support at 7826 then 7795. A low here today is likely but failure could see 7769 possibly 7744.

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