The rally in the markets continues, despite the latest data on the development of the economy from this morning’s economic calendar. The momentum is still strong right now and we have witnessed the break above 392. So there is a risk of a bull trap up here and some buyers may wish to wait for a retracement back to value. Let’s take a look at where those areas may be.

POC :  11406.0
VAH :  11421.0
VAL :  11342.0
VWAP :  11380.7
R2 :  11537.7
S2 :  11236.8
Pivot :  11387.3
High : 11446.5
Low : 11296.1

Dax Charts

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