DAX-30 technical outlook for September 8, 2014

After this last week, there is no more doubt that DAX wants to retest its all-time highs @ 10.050. The market is overextended in the short-term. The daily trend would deteriorate at a trendline break of 9.600.

DAX-30, daily chart:

DAX30_Daily_20140905

Chart courtesy of investing.com. http://investing.com

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