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DAX Analysis

(6395) The DAX missed yesterday to move higher but finally we’re getting a boost this morning with the hourly closing at 10.00 CET above 6375. We expect a test of the 200 hours line at 6411 with a possible extension toward the key level at 6448. Only a move above this level will support a larger correction/ move up!! The indicators of the daily chart are still negative but those of the s/t ones are now well positive supporting the move up. We suggest staying long. We started putting a stop at 6238
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