DAX August 25 update

DAX could rebound up to 10.230 and 10.500. Needless to say that short positions are still favored, but they should be built gradually given the “oversold” character of this market. The year 2008 gave good lessons about being in hurry to go long.

DAX

DAX(5 Hours)20150825143946

Chart: http://www.Investing.com