DAX-30 technical outlook on December 9, 2014

DAX trend remains up even though the 10.000 has been setting a significant technical and psychological barrier to the market. The German benchmark index marked a fresh all-time high yesterday but could not hold on to its gains. There is significant support @ 9.830, before 9.750 and 9.630 before this market hits new record levels in early 2015.

DAX-30, December futures, daily chart, continuous:

Germany 30(Daily)20141209133337

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

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