Good morning traders!

  • Decent bullish day yesterday
  • We are still pressing against resistance around the 10110 zone
  • A break through this level opens up a larger move
  • A break back to 9950 could allow buyers to step back in

I have a long open from my DaxTrader system at the moment, currently around 20-25 points down, with a Stop Loss at 9995. If it gets stopped out I am looking to get back in around 9950 to go long.

I remain bullish above 9800, but can still see the longer term swing trade short.

Dax Support & Resistance

KEY LEVELS
Daily R2 10190
Daily R1 10112
Daily Pivot 10017
Daily S1 9939
Daily S2 9845
200 Day EMA 10216