DAX – if the 4year Support at 10672 fails to hold, the next Support (Major) is at 9750

DAX is testing the major (4year) Support today

DAX remains in a weak position. The minor 3mn poc just fell to 11317. The 4year poc at 10672 may be tested if chart cannot print back above that level.

DAX chart

The German DAX index has reached critical chart resistance at 12454. It will be interesting to see how this resolves.