DAX 30 - Oct 13, 2016

[Evgenia Gencheva]

DAX for tomorrow Oct 13, 2016 test to 10420.

https://i.servimg.com/u/f97/19/53/74/92/forex_90.png

[Evgenia Gencheva]

DAX already hit 10420 with the opening this morning. So from here I expect reversal to 10500, as first resistance point.

https://i.servimg.com/u/f97/19/53/74/92/forex_94.png

[namavi]

GM Eve ,Dax hits 10360 at 09:55 ; may be there is a reversal to 10500 .Retest 10360 again? No more down ? thank you for your forecast

[Evgenia Gencheva]

Hi. Yes, DAX fell to sma 100 daily, current support for DAX. Technicaly DAX has breakdown of the downtrend line and I expect rebound for sure, the second reason is, if DAX continue to fall it must be rejected from upper level in this case 10500. So to your question, I expect test to 10500.

https://i.servimg.com/u/f97/19/53/74/92/forex_98.png

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