sumastardon
Short

Dax Index approaching support, need to close shorts

FX:GER30   DAX index der deutschen börsennotierten Aktien
105 0 4
Dax             Index: This index has picked up suppport from a little short term trend line that's held up recent declines. It hasn't hit the downside target yet, but this support line could create a rally big enough to eat away profits, so am looking to close this short down early on Monday, hoping for a a little left over weakness from weekend to close out the short. Can only go short again with any conviction on a break below 12043 by 10 points or more for fall back to 11916, and if this then breaks to 11848. Otherwise look for support around current levels for the time being
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