Dax, FTSE 100

Daily Forecast – 30 April 2013 Dax June contract Dax held above immediate support at 7816 & rocketed higher yet again to reach very strong resistance at 7930/40 which we suggested should be an excellent selling opportunity. We topped at 7933 in fact after an incredible 6.5% gain in just 5 days. We now look for profit taking to set in and a move back to 7875/65. Below here we could test good support at 7825/15. We look for a low for the day here to exit remaining shorts & perhaps try

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Dax, FTSE 100

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