DAX August 12

DAX testing support of the July 27 low (11.030) as well as the trendline (chart) that may act as temporary support. The trend is clearly down on the daily, but the market is quite “oversold” around 11.000.

DAX (4 months)

DAX(Daily)20150812124723

Chart: http://www.Investing.com

Petros Steriotis