Dax, Eurostoxx, FTSE 100, E-Mini S&P, E-Mini Dow Jones, EURUSD

Daily Forecast – 30 May 2013 Dax June contract Dax fell all the way to our lower target of 8320 & held here. However the outlook remains negative & a break lower is possible today. This should target good Fibonacci support at 8292. We should look for a bounce from here but we certainly cannot rule out a break lower so we need tight stops below last week’s low of 8260. Next target 8235 & possibly 8217/10. Resistance at 8395 then 8412/25. We should struggle here but a break higher

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Dax, Eurostoxx, FTSE 100, E-Mini S&P, E-Mini Dow Jones, EURUSD

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