Dax, Eurostoxx, XAUUSD Spot Gold, Bund

Daily Forecast – 15 April 2013 Dax June contract Dax could be forming a bearish head & shoulders pattern on the daily chart as we warned on Friday. In the longer term this means a break of the neck line at 7630 would be a sell signal. For today below support at 7797/90 risks a slide to 7757 with better support below at 7729/24. Any longs here need a stop below 7715 for a move towards 7677 with a break below 7650 likely to lead to another test of 7618 lows. A break here should trigger stops

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Dax, Eurostoxx, XAUUSD Spot Gold, Bund

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