GERMAN STOCK INDEX (DAX)
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Buy DAX and hold at leat for this week?

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The DAX is recovering from last week's lows. The hammer confirms that the 12000 level is a strong support. The trend line shows that a shy uptrend is taking place. It will probably retrace on the 50% fibonacci level where also the 50 and 100 period EMA will function as a resistence.

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